You can't claim to be Gen Z if you haven't adopted the cashless lifestyle! In this era where everything is online, all types of transactions have become easier and faster thanks to cashless payments. Nowadays, almost all stores, restaurants, cafes, and even street vendors offer online payment options through QRIS or bank transfers! Many places no longer even accept cash payments. This cashless society lifestyle is perfect for those who value convenience. However, it’s important to fully understand cashless society so you don’t get it wrong and can truly benefit from it. Let’s dive into more details about the cashless society below!
A cashless society is a lifestyle that embraces non-cash payment methods for all types of transactions. If you're wondering how this lifestyle came about, it all started with the rise of e-wallets and QRIS payment methods.
Initially, few people could use non-cash payment methods because not all places offered them. However, as times have changed, this cashless method has evolved from being just a 'trend' to becoming a daily lifestyle for many people.
This lifestyle offers great advantages for both consumers and businesses. For consumers, you don’t have to worry about carrying cash if you can't find the nearest ATM. For business owners, all transactions are clearly recorded in the system, and there’s no hassle of finding the right change.
It's not just about convenience—living a cashless lifestyle also brings a range of other benefits that make your transactions even easier!
Using cash for transactions might be straightforward, but there's always a risk of counterfeit money. We often don’t pay much attention to the change we receive when making a purchase, which can be a big problem.
This is where non-cash payments come to the rescue. You no longer have to worry about receiving fake money you can't use in future transactions.
Especially if you have financial apps like the Honest Credit Card app. You won’t need to bother carrying physical cash that could get lost or damaged.
In today’s fast-paced world, the cashless society lifestyle fits perfectly. All you need is a smartphone, internet data, and enough balance to make any transaction!
Not only that, but non-cash payments are also more "secure" because only you can access all your financial information. To complete a transaction, you need to enter a PIN or password.
Plus, if you have the Honest Credit Card that’s licensed by the OJK, your transactions will be even more secure. The Honest Credit Card is also contactless or doesn’t have physical card numbers, so details like CVC and card numbers are only known to you. This helps prevent your card number from being used by unauthorized people.
The cashless society lifestyle also comes with plenty of exciting promotions for every non-cash payment! Financial service providers often collaborate with merchants or stores to offer special promos for their users.
Especially for credit card users, there are usually even more promos available, either from the credit card provider or the merchants themselves.
Transaction history and notifications that appear after each transaction make budgeting much easier. You can track your expenses and income monthly to evaluate whether you’re spending too much, just right, or even saving more.
With cash, it’s easy to forget to record transactions immediately, making it harder to track how much you've spent in a month.
Managing your money also becomes a lot simpler with cashless financial products like the Honest Credit Card, as you can access your balance and transaction history in real-time through the app. So, no more losing track of your last transactions!
So, have you started living the practical life of a cashless society yet? If not, use these cool financial tech tools to make your budgeting and transactions even more efficient!
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