Andre Oentoro is one of the co-founders of Milkwhale
Technology changes the way we do things. Before Netflix, we rented movies at Blockbuster. Before Airbnb, we had to go straight to the hotel to book a room. Before eCommerce sites, we had to go to the brick-and-mortar store if we want to buy something.
Back in the day, people carried cash all the time because payments were mostly done physically. But that changed when cashless payment was introduced. In the past few years, people start to carry less cash because almost anything can be paid using cards or smartphones.
So, are people going to completely discard cash in favor of a cashless payment system? Is cashless payment the future of transaction?
To understand better what cashless payment is, how it works, as well as the benefits and drawbacks of this method, check out this well-crafted infographic about cashless payment by Milkwhale.
