Re:In Urban China, Cash Is Rapidly Becoming Obsolete
by em500 on Monday July 17, 2017 @07:11AM
(#14787382)
> The developed economies were already mostly "cashless." Very little cash has run though most malls, hospitals, schools or even supermarkets for decades already.
Cash share of payments in Germany and Austria (by volume) were still >80% just a few years ago, see p.38 of https://www.ecb.europa.eu/pub/pdf/scpwps/ecbwp1685.pdf