October 20, 2015
LTP has been at the forefront of putting a spotlight on the #Cashless conversation. Mehul Desai’s new book, August of Money - The Quest for Cashless Society, was recently published by LTP Studio.
In this article we will try to understand, in brief and pragmatically, how a society can move towards the predominant use of credit and debit cards instead of cash and we will see in practice two possible strategies to achieve that.
First, let’s take a step back: Why is it so beneficial for a society to become cashless?