Cities Without Money

Cities Without Money

In Sweden, only one percent of all payments are made with cash, while in Europe and the United States an average of seven percent. “Visa” has recently published the results of the study “cities without”, whose goal was to highlight the possible benefits of switching to digitization [...]

“Visa” has recently published the results of the study “cities without”, whose aim was to highlight the possible benefits of switching to digitisation in 100 cities worldwide.

This study was first presented to the public.

Adam Wand, the head of global public policy and “Visa”, noted the high cost of willing money and that citizens and the economy are useful in moving with non-cuss payments.

“Top of the list are Stockholm, Sydney, Toronto and London, mostly using cash are Accra, Amman, Cairo, Casablanca, Lima, etc”, Wanda stressed.

The study found that increasing digital payments in various cities could result in a total of $470 billion annually.

This means that each of the hundred cities can benefit a net of $4.7 billion a year. /syri.net

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