worldbanknote

WBS Header Green

Death of cash has so far been hugely exaggerated. Most of the global consumer payment still relies heavily on cash. But for how long? Will the mobile and tech savvy next generations ditch cash for digital payment? How can we reduce the “cost of cash” for banks and retailers such that cash logistics never becomes a burden to either of them? How can an entire industry around cash survive and stay relevant for decades to come? Sonect, one of the top fintech companies from Switzerland, believes the answer lies in blurring the gap between physical and digital world.