JCM Global, one of the largest casino technology providers, looks at the growing trend towards cashless transactions, something that has undoubtedly increased during the crisis caused by the COVID-19 pandemic.
JCM Global has published an interesting document on its website where it analyzes in depth the main cashless payment methods, their advantages and disadvantages, as well as their future.
According to JCM, the tendency to use less cash guarantees a decrease in contact between users; however, it does have some downsides such as the gap in accessibility to financial services and concerns about data security.
READ: The Impact of Going Cashless - White Paper November 2020
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