2. WHAT ?
“A cashless economy is one in which all the
transactions are done using cards or digital
means. The circulation of physical currency is
minimal.”
6. TOP CASHLESS
COUNTRIES
OVERALL RANKING COUNTRY
% CONSUMER PAYMENT
TRANSACTION USING
NON-CASH METHODS
1 CANADA 57%
2 SWEDEN 59%
3 UK 52%
4 FRANCE 59%
5 USA 45%
6 CHINA 10%
7 AUSTRALIA 35%
8 GERMANY 33%
9 JAPAN 14%
10 RUSSIA 4%
Based on Debit and Credit cards per capita