Cash is unlikely to be eliminated too early. Coins and bills are still the most popular way to pay for the purchase in most of the countries. But in the long term, cash seems to be at the disadvantage in the combat against electronic payment. There is nearly nowhere in the world that the growth speed of electronic trade can\'t catch up that of cash. Capgemini consulting company recently estimated that the increase of annual growth rate of electronic payment will be approximately 10.9% between 2015 and 2020.
Cash may not be out too early. The really dollars are still the most popular way of paying in most countries. While for the long time, cash might be out when it against to the electric paid. The electronic deal almost faster than cash in the world. Recently, Capgemini consultant company estimated the grown rate of their electronic deal is 10.9% from 2015 to 2020.
Cash is less likely to be terminated. Coins and paper money are the most popular payments among most countries.
However, in the long run, Cash is disadvantageous against mobile payment.
The growth of mobile payment
cash is unlikely to be fade out. Most of the countries still use coins and bills as their payment tools for shopping. However, for long term, cash are in the disadvantage position when is comes to the competition with e-payment. There is nowhere is the world that cash payment method is growing faster than e-payment. Capgemini consultation company evaluated, e-payment increase approximately 10.9 percentage from 2015 to 2020.
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