Wayne Abramson, CEO of ATM Solutions.
Cash continues to power everyday transactions for millions across the nation.
According to the South African Reserve Bank (SARB) Payments Study Report 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 card, while debit card payments are ubiquitous at 75%. Cash makes up 56% of the number of payments across all categories, valued for its…
