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Cash usage in Asia sinks; More firms embrace digital payments

CoinGeek LogoCoinGeek5d ago

Cash usage in Asia sinks; More firms embrace digital payments - CoinGeek

Quick Summary:

A report says physical cash will only account for 14% of total transactions in Asia by 2027, while more firms are turning to digital payments for growth.

The post Cash usage in Asia sinks; More firms embrace digital payments appeared first on CoinGeek.

French consultancy firm Capgemini projects that the Asia-Pacific (APAC) will record 1.46 trillion cashless transactions per year, dwarfing the entire North American market by a country mile.

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Article Details

Author / Journalist: Wahid Pessarlay

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 04:00:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 970 words

Reading Time: 6 minutes read

Sentences: 44 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 26242085

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About CoinGeek

CoinGeek Logo

Main Topics: Crypto

Official Website: coingeek.com

Update Frequency: 1 posts per day

Year Established: 2012

Headquarters: Canada

News Last Updated: 15 hours ago

Coverage Areas: Canada

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #82

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The story "Cash usage in Asia sinks; More firms embrace digital payments" has 970 words across 44 sentences, which will take approximately 5 - 9 minutes for the average person to read.

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The story "Cash usage in Asia sinks; More firms embrace digital payments" was covered 5 days ago by CoinGeek, a news publisher based in Canada.

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CoinGeek is a fully independent (privately-owned) news outlet established in 2012 that covers mostly crypto news.

The outlet is headquartered in Canada and publishes an average of 1 news stories per day.

It's most recent story was published 15 hours ago.

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  • News ID: #26242085
  • URL: https://chronographically.beamstart.com/news/cash-usage-in-asia-sinks-17398548639758

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