A cashless society describes an economic state whereby financial transactions are not conducted with money (e.g. banknotes or coins), but rather through the transfer of digital information. The trend towards use of non-cash transactions and settlement in daily life began during the 1990s, when electronic banking became common. By the 2010s digital payment methods were widespread in many countries.
Now, it is Myanmar's turn to move towards being a cashless society. Read the article about some of the barriers to Myanmar's transformation to a cashless society.
Answer the questions with NO MORE than THREE WORDS and/or A NUMBER from the article.
What information is stored on QR codes?
What are dependent on a reliable electricity supply and internet access?
What type of payments do some big city workers have difficulty processing?
What percentage of Myanmar people do not have debit cards?
What is required to make people more aware of payment platforms?
Which part of Myanmar’s population is especially benefiting from the use of digital settlements and e-payment systems?
Which services will probably be more in demand due to the pandemic?
When you're ready enter your answers in the sheet below>