the cash economy won’t die until digital ID arrives
Outgoing Nedbank COO Mfundo Nkuhlu South Africa will not shake its dependence on cash until it fixes identity, outgoing Nedbank chief operating officer Mfundo Nkuhlu said on Tuesday, arguing that a working national digital ID is the precondition for pulling the country’s unbanked into the formal payments system. “The key requirement will be the advent…
