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End of physical currency a ‘reality’, says Visa

Posted on 23 January 2014

The end of physical notes and coins is becoming a ‘reality’ as the use of new technologies expands, according to Visa. Cash is becoming increasingly irrelevant as physical coinage and notes make way for contactless payments, according to Visa.
The card payments operator said the displacement of cash was becoming a “reality”, pointing to a fourfold increase in Britain in the last year of contactless transactions………………………………………..Full Article: Source


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