cashless countries

Top 10 cashless countries

Top 10 cashless countries: Hello Viewer, Today i am sharing some of the facts about Top 10 cashless countries in the world and these countries going cashless.

cashless countries

Cashless Economies

The top position has gone to Canada, who, while only having contactless functionality in 26% of their cards (compared to 41% in the UK and 56% in China) and the lowest number of debit cards per capita included in the research (0.7), were found to have over two credit cards per person, a figure only exceeded by their neighbours in the US, who had just under three.

Likewise, the majority of their payments were made using cashless means at 57% of transactions, outmatched only by 2% in both Sweden and France. The UK reached 52% on this scale, while China, despite the majority of cards being contactless, used cashless methods in only 10% of transactions. China was also the most educated on mobile payment services, with 77% of survey respondents claiming they were aware of the options available to them in this regard. In comparison, only 47% in the UK claimed the same. Need more Development in India to going India Cashless.

Canada

Top 10 cashless countries

A city employee demonstrates how newly installed solar-powered parking meters on Granville Street in Vancouver can be used with a credit card on Oct 26, 2010. [Photo/VCG]

Sweden

Top 10 cashless countries

An employee demonstrates the use of an iZettle chip and pin reader mobile payment device at the headquarters of financial technology company iZettle AB in Stockholm, Aug 28, 2015. [Photo/VCG]

UK

Top 10 cashless countries

A customer makes a contactless card payment using a Barclays Plc debit card on a card payment machine in a retail outlet in London, July 7, 2017. [Photo/VCG]

France

Top 10 cashless countries

A credit card payment terminal is seen in a Casino supermarket in Nice, France, Jan 16, 2017. [Photo/VCG]

USA

Top 10 cashless countries

People shop in the newly opened Amazon Books on May 25, 2017 in New York City. Amazon Books does not accept cash and instead lets Prime members use the Amazon app on their smartphone to pay for purchases.[Photo/VCG]

China

Top 10 cashless countries

An employee scans a quick response (QR) code displayed on the Ant Financial Services Group’s Alipay app, an affiliate of Alibaba Group Holding Ltd, inside a Sa Sa International Holdings Ltd store in Hong Kong, Nov 1, 2016. [Photo/VCG]

Australia

Top 10 cashless countries

Coffee is purchased using a mobile payment device associated with Westpac Bank at Le Petit Tarte cafe in Sydney, Sept 6, 2017. [Photo/VCG]

Germany

Top 10 cashless countries

A smartwatch sits on display as it is unveiled during a pre-launch event in Berlin, Aug 31, 2016. The new smartwatch supports contactless payments.[Photo/VCG]

Japan

Top 10 cashless countries

A customer uses the PayPal mobile payment application on her iPhone to make a purchase at a coffee shop in Tokyo, Nov 18, 2013.[Photo/VCG]

Russia

Top 10 cashless countries

A customer holds a credit card as shoppers pay for their purchases at the check-outs inside a Perekrestok supermarket in Moscow, Russia, Feb 4, 2015. [Photo/VCG]

so this country going cashless

Comment on your view of point


Also Read: JIO Coin ICO