Independent ATMs keep cash accessible in South Africa

September 25, 2024 By: 0 comments

<p><img src=”https://biz-file.com/c/2409/752048-208×117.jpg?5″ width=”208″ height=”117″ alt=”Independent ATMs keep cash accessible in South Africa” align=”left”><p>According to The South African Reserve Bank (SARB) <a href=”https://www.resbank.co.za/content/dam/sarb/publications/media-releases/2024/payments/SARB%20Payments%20Study%20Report%202023.pdf” target=”_blank”>Payments Study Report</a> released in August 2024, South Africans use cash most often as a payment method (87%), regardless of what they buy. Only 15% use cardless payments and 8% opt for credit cards, while debit card payments are ubiquitous at 75%. Cash makes up 56% of the number of payments across all categories, valued for its convenience (31%), ability to reduce bank charges (18%), and as a primary form of income for many (11%).</p><br> <a href=”https://www.bizcommunity.com/article/independent-atms-keep-cash-accessible-in-south-africa-924744a”>Read more…</a> | <a href=”https://www.bizcommunity.com/SendToFriend.aspx?l=196&c=513&ct=1&ci=251984″>Send to a friend</a></p><div style=”clear:left”></div>