A dog peeks out from a sundries store in Manila, the Philippines, on October 6. Many consumers in underbanked regions rely on cash in their daily lives. Some use cash-based payments even when shopping online, according to PPRO data. Photo: Reuters
A dog peeks out from a sundries store in Manila, the Philippines, on October 6. Many consumers in underbanked regions rely on cash in their daily lives. Some use cash-based payments even when shopping online, according to PPRO data. Photo: Reuters
Tristan Chiappini
Opinion

Opinion

Tristan Chiappini

Booming digital economy must still make space for cash, particularly for Asia’s unbanked masses

  • Lockdowns and cash hygiene concerns amid the pandemic have fuelled an e-commerce boom, but going completely cashless risks financially excluding many and limits revenue opportunities for merchants

Tristan Chiappini
Tristan Chiappini

Updated: 10:04pm, 18 Oct, 2020

Why you can trust SCMP
A dog peeks out from a sundries store in Manila, the Philippines, on October 6. Many consumers in underbanked regions rely on cash in their daily lives. Some use cash-based payments even when shopping online, according to PPRO data. Photo: Reuters
A dog peeks out from a sundries store in Manila, the Philippines, on October 6. Many consumers in underbanked regions rely on cash in their daily lives. Some use cash-based payments even when shopping online, according to PPRO data. Photo: Reuters
READ FULL ARTICLE