Statistics from the latest World Payment Report prove what we’ve known for a while now; consumers no longer want to carry cash! It’s a sign that yet more festivals and events will inevitably join the cashless revolution, but they need to think carefully about what technology they choose.
The 2014 report, conducted by Capgemini and RBS, reveals that mobile payments are set to rise by 60% in 2015. The findings back up The Payments Council’s February announcement that there will be 400 million fewer cash payments in 2015 compared to last year, but 700 million more non-cash transactions.
More information: https://intellitix.com/en/live-events-cant-ignore-the-cashless-society/