> The government’s current target is 40% of the payments mix, about double the c... | Hacker News

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		victor106 on Nov 13, 2021 \| parent \| context \| favorite \| on: Debit cards are hidden financial infrastructure > The government’s current target is 40% of the payments mix, about double the current amount, which would put it on parity with the present state of play in the U.S. (and behind Asian peer nations, at around 50%) It’s shocking that still about 50% is cash based.(if I am reading that right)

stelonix on Nov 13, 2021 [–]

I think it means 80% is cash-based, since the double of the current amount of e-money transactions is said to be 40%.

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