Business Daily What happens when you run out of coins?
Feb 20, 2024
Exploring the artificial coin shortage in the Philippines and the impact on consumer behavior. Insights on how businesses and shoppers in Quezon city are adapting to the decline in coin usage. Challenges faced by jeepney drivers and passengers due to the scarcity of small change. Efforts to promote digital payment methods and address the unbanked population. Retailer struggles with change shortages and creative solutions like using candies.
Chapters
Transcript
Episode notes
1 2 3 4 5
Introduction
00:00 • 2min
Shortage of Small Change in Kazon City, Philippines
01:53 • 12min
Retailer Challenges with Change and Tax
13:53 • 2min
Promoting Digitalization to Address Cash Demand and Unbanked Population
15:24 • 2min
Challenges of Accessing Banking Services and Circulation of Coins
17:14 • 2min