Cash COMMERCIAL

UAE Cashless Society by 2030

COVID-19 has accelerated the transition to a cashless society. The National Reported:

The Covid-19 pandemic has accelerated the UAE’s transition to a cashless society as a growing number of businesses and individuals have stopped using physical cash due to safety and hygiene concerns, according to a new survey.

Almost two-thirds of people in the UAE, or 64 per cent, expect the country to become fully cashless by 2030, the poll by Standard Chartered found.

MORE: https://www.thenational.ae/business/money/uae-consumers-expect-a-fully-cashless-society-by-2030-1.1084827