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AB Talks: Are the days numbered for cash?

Dr. Saeeda Jaffar, GCC group country manager for VISA, unpacks wideranging research that shows only one percent of businesses in the UAE want to keep cash, and many are ready to accept cryptocurrency, among a host of findings

Once the phrase was cash is king, but now it seems a new coronation is close at hand with societies around the world adopting contactless payments during the pandemic. But just how close is the demise of that wrinkly stuff in our wallets?

It’s perhaps not surprising that the UAE is at the forefront of this conversation with research – Visa’s global “Back to Business” study showing that UAE’s cashless future is imminent.

AB Talks is joined by Dr. Saeeda Jaffar, GCC group country manager for VISA, to unpack the insights in this latest report.

(Source: ArabianBusiness YouTube channel)

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Abdul Rawuf

Abdul Rawuf

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