Paradoxically, cash may be the enemy of the poor. Certainly having a lot of cash is not a bad thing; rather the problem is having no choice but to deal only in cash (that is, paper currency and coins). This blog examines the hidden costs of cash and summarizes some benefits resulting from a modern-day alternative–digital cash. Quisk, Inc. is a global technology company that digitizes cash and empowers financial institutions and other organizations to provide safe, simple and secure financial services and cash-less transactions for anyone with a mobile phone number. It provides a digital currency services and transaction processing platform for integrated mobile payments and digital marketing and loyalty programs.
Articles
The Hidden Costs of Cash
Jul 21, 2014