Cash out: the digital-payments revolution
Economist Podcasts
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The Digital Payment Revolution
This chapter explores the shift from cash to digital payment methods, highlighting innovations like credit cards and mobile solutions such as UPI in India and digitization in emerging markets. It contrasts the digital payment landscapes of the West and developing countries, showcasing the impact on financial inclusivity and transaction methodologies. Additionally, it examines the resilience of the US dollar amid the rise of alternative payment systems and the implications for global currencies.
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