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Striving for a Cashless Future

The extensive use of cash has reportedly inflicted massive loss on the economy, according to a report published by the Iran Chamber of Commerce, Industries, Mines and Agriculture
Striving for a Cashless Future
Striving for a Cashless Future

While many leading economies are increasingly moving away from using cash in their transactions, many businesses in Iran insist on cash for a variety of reasons, despite reasonable levels of e-banking infrastructure in place.
Among myriad of businesses that shy away from electronic payment tools, the case of medical doctors has become public and highly publicized in recent months.
Evading taxes is apparently the main motive behind the aversion of medical doctors and similar businesses to use Point of Sale devices and other electronic payment tools in their offices. 
The extensive use of cash has reportedly inflicted massive loss on the economy, according to a report published by the Iran Chamber of Commerce, Industries, Mines and Agriculture. 

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