Fortune Favors the Bold - The Official Mastercard Podcast cover image

The Cashless Society: A Live Episode

Fortune Favors the Bold - The Official Mastercard Podcast

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The Hidden Costs of Cash: A Global Perspective

This chapter examines the complexities and costs associated with cash usage across different countries, highlighting both consumer and business viewpoints. It discusses the substantial hidden costs, including time lost and operational expenses, while emphasizing the broad implications of cash reliance, such as the tax gap affecting public services. Furthermore, it addresses the transition from cash to digital payments in humanitarian efforts, underscoring the need for collaborative infrastructure development.

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