Some banking customers may enjoy the benefits of cashless banking. Others, however, might find it’s not a fit for their specific financial situation. Cashless banking relies heavily on digital ...

Businesses and consumers are increasingly transitioning to cashless or cash-light transactions, driven by the growing adoption of remote and online payment solutions. According to American Bankers ...

Last month, Washington, D.C., became the latest municipality in which most consumer-facing businesses must accept cash as payment. The law, which went into effect October 1, 2023, represents a growing ...

Banks and payment service providers will not be allowed to charge merchants more than 1%, including VAT, as the merchant rate for transactions processed through NPSB.

Many activities have continued to define the Central Bank of Nigeria (CBN)-led naira redesign policy, which saw the emergence of new N200, N500 and N1,000 bank notes and an increase in the number of ...

The usage of automatic teller machines (ATMs) has dropped to the lowest level since the Central Bank of Kenya (CBK) began reporting the transactions, underscoring the impact of a shift to cashless ...

Pubali Bank PLC recently organised an awareness programme, titled “Cashless Dhanmondi”, an initiative of its Dhanmondi branch ...

Mindanao Regional Office chief Jason P. Capocao (seated, center) with BSP lawyers and bank officers brief local journalists and government information officers during a financial literacy forum in ...

There were no bank robberies in Denmark last year, as a result of better security and the fact that the banks in the largely cashless society don’t hold large amounts of cash on-premise. But the ...

Some banking customers may enjoy the benefits of cashless banking. Others, however, might find it’s not a fit for their specific financial situation. Experts: Here’s How Much You Should Have in Your ...