University of Twente Student Theses


The impact of cashless societies on business and society

Busse, N. (2023) The impact of cashless societies on business and society.

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Abstract:This thesis aims to examine the impact of cashless societies on businesses and society. To achieve this a literature review has been conducted to explore the benefits, drawbacks, privacy/security risks, and financial inclusion implications associated with cashless systems. The findings revealed that cashless systems offer several advantages such as increased efficiency, cost savings, improved security, and customer convenience for businesses. In society, cashless systems help to promote financial inclusion, reduce cash-related crimes, and drive technological advancements. However, privacy risks, digital literacy barriers, and access disparities pose challenges.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
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