Benefits and types of cashless payments methods

Abstract

The research refers to benefits and types of cashless payments methods. Advantages of using cashless payment instruments: simplicity - you can make payments easily; security - cashless payments are more secure and save you the hassle of cash. Moreover, payment card issuers are constantly investing in state-of-the-art security technologies that can identify and prevent fraudulent transactions before they can take place; convenient - you can use your payment cards to access your payment accounts at any time from anywhere in the world.