Investor Presentaiton
From Cash to Cashless
Physical crime might decrease with a cashless society, but that doesn't mean crime
will decrease. It will just get more sophisticated in natureĀ¹
Cash
Cashless
High Cost of Cash Management
Insecurity
Money Laundering
No Paper Trail
Transaction Losses due to
Fraud
Counterfeiting among others...
Becomes
Poor telecommunications
infrastructure requiring
significant investment
Lack of User awareness or
knowledge gap in operating
payment systems
Interoperability of various
platforms
Diversified security threats
from various sources
Identity theft
More regulations among
others...
1. Article by Dan Denning - How a Cashless Society Promotes Tyranny, published May 2, 2012 in the Daily Reckoning, Australia
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