Marvin M.

Angeles BSChE-1 / V1

cashless payments
Cashless payments are digital methods for exchanging financial
transactions between two parties. They use a payment gateway
to transfer funds using debit or credit cards, and ACH
electronically by means of mobile phone, website, kiosks, or
other digital device.

STS031

Cashless payments Cashless payments

eliminate several made the man’s
risks at a time such desire for a happy
as theft of cash life more realizable
counterfeit money, because he can
and robbery of cash. leverage faster
transactions and
increased efficiency.
It reduces costs of
security, They make the
transporting, and transactional
counting. experience much
more convenient.

cashless Cashless payments recorded

financial transactions,
making it easy for the person
to track the movement of
money through these
records.

You have the freedom to

transact whenever and
wherever you want.
payment

Easier exchange of money

while travelling.

Being cashless makes it Cashless payment is encouraged for an array of

easy to ward off borrowers. reasons including health and safety in relation to
the pandemic),

SUBMITTED TO: ANNALIE S. BEJOC