Standard Bank branches are going cashless

Standard Bank branches are going cashless

Standard Bank’s Kabelo Makeke Standard Bank said on Tuesday that it is accelerating the shift to cashless branches as it adapts its physical network to changing customer behaviour and declining cash usage in parts of South Africa. In a statement, Standard Bank Personal and Private Banking (PPB) said more of its branches will become cashless…

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The real cost of a cashless economy

The real cost of a cashless economy

Remember the time when cash notes and clunky coins filled your wallet? Today, your wallet’s bill compartment and coin pockets are probably much emptier, while its card slots are overflowing with bank and retailer cards. You might even be a consumer with no cards in your wallet, preferring contactless payments with your smartphone. The transition…

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