Why the potential end of cash is about more than money
With the growth in digital transactions, there is a potential end of cash. Many people and businesses are adopting digital transactions which put cash transactions at risk of extinction. However, the growth of digital transactions raises the questions of security and identity. There is an increase in the number of cybersecurity breaches and digital transactions are no exception. Therefore, businesses should consider the risk of digital transactions and have measures in place to mitigate the risks.