The New Reality
When you’re purchasing an item, what method of payment do you use? If cash wasn’t your first answer, you’re not alone. In fact, Canada is one of the leading countries in the world going cashless — opting for mobile and digital payments because of the speed, ease and convenience. Experts worry digital transactions don’t benefit everyone, including the most vulnerable; and cash is still king for some businesses – and for those concerned about security. For The New Reality, Anne Gaviola looks the potential costs of switching to a cashless world.