Despite a global move towards a cashless society, 54% of Brazilians now opt for cash withdrawals.¹
2024 has seen a surprising reversal, as cash usage makes an unexpected comeback, defying predictions that the world was moving toward a cashless society. With rising cybersecurity threats, concerns over financial privacy, and economic instability, consumers and businesses are increasingly turning back to physical currency as a preferred transaction method.²
¹) https://www.riotimesonline.com/brazil-news/brazils-shift-bac...
²) https://www.adeptswipe.com/cash-makes-a-shocking-comeback-as...
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