How many people feel comfortable with using cashless payment?

Each society has its own style of payment. Some uses more cash, some uses mostly credit cards. But why do those choose the payment that they use? Is it a cultural thing? Or is it just for the convenience?

In this post we will be looking at the people that uses cash less payment and try to find out how many people feel comfortable using it. And this is some of the information that I found

Digital payment modes are made secure with varying levels of encryption and data authentication. Most payment modes have enabled two-factor authentication (TFA) to add an extra layer of security. Also, it’s always easier and safer to carry a smartphone rather than carrying wads of cash.
So. from this is several other from the sources, we can see that if people are currently using some kind of cashless payment methods they feel comfortable with all the security protection. However, for those who do not use it or don't use it as much, they can't trust movement of money that they can't see so they do not feel comfortable.


5 challenges of a cashless society. (2018, July 12). Retrieved from https://www.ncr.com/company/blogs/financial/5-challenges-of-a-cashless-society


Are cashless transactions the way to go for small businesses? (n.d.). Retrieved from https://www.zoho.com/books/guides/cashless-payments.html