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What about the future of money? "The main change we've been seeing over the last decade is the increasing electrification of payments", says Avivah Litan , Vice-President and Research Director of financial analysts Gartner . "Instead of using paper currency, or coins, or cheques, we're using more frequently plastic cards or transfers over the internet." But that's only half a billion people out of a global population of
more than six billion people. "You'll never get the total population out
of cash, because there will always be a group of people that don't have
bank accounts, so they can't get cards," says Avivah. |
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