Cash is no longer king

Money in its physical form, in other words coins and notes, has played an important role in society for centuries. But today, society is becoming more and more “cash less”. And while consumers choose to use debit and credit cards, and mobile money services to complete their monetary transactions, they are not the ones leading the change. Retail stores, public transportation services and so on, see increasing costs and safety risks for handling cash and want digital transactions instead.

So what role, if any, will cash play in the Networked Society?

Read the full post at: Ericsson The Networked Society Blog