fbpx

Cash or card?

By KOPANO MONAHENG | 31 May 2022 | Published by Daily Sun Gauteng

You know technology has arrived when shoppers no longer have to carry cash. While this is good news to a majority of South Africans, small and medium enterprises as well as the poor are the ones going to be affected the most.

Andrew Dawson, managing director of MACmobile, said there was a drive to promote cashless payment systems into the payment systems into the retail market of South African.

“While cash is undeniably a risk, it is not necessarily a resolvable issue. Many players in the market are still cash-based by choice because cashless payment solutions do not suit them for a variety of reasons,” said Dawson

That’s why before introducing a card system, first thing is to focus on educating business owners to ensure they operate successfully. He said once everyone understands the benefits of a formal banking system then the country can move to a cashless payment system.

Share this post

Share on linkedin
Share on facebook
Share on twitter
Share on google
Share on print
Share on email

company

get started

Monthly NewslEtter

Hit subscribe if you would like to receive more regular information and updates from MACmobile.

© Copyright MACmobile 2019. All Rights Reserved. Privacy Policy

DOWNLOAD YOUR eBOOK

This website uses cookies to ensure you get the best experience on our website. By continuing to browse on this website, you accept the use of cookies for the above purposes.

DOWNLOAD YOUR eBOOK

Leave your Details

Complete the form with all your details and we'll get back to you to discuss your current problems and how our solutions can assist in adding value to your supply chain and gain line of sight.

DOWNLOAD YOUR eBOOK

DOWNLOAD YOUR eBOOK