SA's march to becoming a cashless society - contactless payments skyrocket

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Cashless payments have accelerated around the world during the coronavirus crisis.
Photo: Getty Images
Cashless payments have accelerated around the world during the coronavirus crisis. Photo: Getty Images

Cash and plastic cards could become a distant memory in a few years as two of the country's big banks, Standard Bank and Absa are reporting a surge in customers using contactless payments and transacting online without the presence of bank cards.

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