Low-cash Canada

Canada has edged out Sweden and the UK as the world’s leading cashless country in a study of cashless-technology adoption across the 20 largest economies conducted by ForexBonuses.

Five of the top 10 cashless countries are in Europe, with almost three-fifths of consumer transactions conducted via non-cash means, while 39% of French cards boast contactless technology.

Chinese consumers are well-educated on mobile payment services, with 77% of survey respondents claiming they are aware of the options available to them – just 47% in the UK say the same.

Brexit's export whammy

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