Middle East and Africa
It has been a long time since the days of the petty cash tins and salaries in brown envelopes but some large businesses still process cash payments. According to UK Payments Market report from UK Finance, cash represented 23% of all payments in 2019, down from 48% in 2014. Whereas, in 2019, card payments accounted for over half of all payments.
Despite this, cash still has many benefits for some businesses, in this infographic, we look at the pluses and minuses of becoming a cashless organisation and how it can help you control your company spend.
Download the infographic now.