ECONOMYNWXT – Sri Lanka will bring new laws to create a cashless economy in a gradual manner without disrupting the current economic activities, which are mostly depending on cash transaction, ...

During the Budget 2025 reading, President Anura Kumara Dissanayake stated that a Digital Economic Authority will be established with Sri Lanka transitioning into a cashless economy. The proposal also ...

Many developed nations have successfully transitioned to a predominantly cashless economy, making corruption more difficult and financial tracking more efficient. Sweden, for instance, is leading ...

In a well-regulated economy, cash transactions of this nature would be rare, as electronic payments would provide a safer, more efficient alternative. Lessons from Advanced Economies Many developed ...

The value of electronic transactions in Nigeria in 2024 rose by 79 per cent compared to the previous year to a record high of N1.08qd (quadrillion) This is according to the latest data from the ...

Tait-Knight recognized that the shift to a fully digital economy would not happen overnight, but he emphasized Zimbabwe's existing familiarity with digital platforms. Despite this, he noted that ...

"The NSA encourages all stakeholders to embrace this new digital payment system for a more convenient and efficient experience, as we collectively support the Government of Ghana in achieving its ...