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According to the PYMNTS Global Cash Index™ South Africa Analysis, more than 50 percent of consumer transactions are completed with notes and coins. With around R135 billion in cash circulating in the economy and millions of unbanked citizens, the drive towards a cashless society risks harming those it purports to help.
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Publication: Daily Maverick
Date: 29 May 2020
Author: Shiraaz Mohammed
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How can retailers mitigate their risk?
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The national crime statistics for 2018/19 begs for greater efforts by all concerned