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, ...

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 ...

Pollock said in order accelerate the transition towards a cashless economy across East Africa, financial institutions and governments must collaborate on educational campaigns to raise awareness of ...

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 ...

Dar es Salaam. The number of small and medium enterprises (SMEs) in Tanzania adopting digital payments is on the rise as the country continues its transition towards a cashless economy, a new report ...

Nowadays, mobile payments are changing the way people conduct financial transactions. While developed nations have already embraced cashless economies, mobile payments in developing economies are on ...

Isaac Newton is certainly one of the most important scientists in human history—mathematician, physicist, astronomer, philosopher, and theologian. In the second half of his life, he discovered the ...

As the Central Bank of Nigeria continues to drive the vision of a cashless economy, Nigerians appear to be resorting to PoS operators Experts have pointed out that the proliferation of PoS agents ...