concept   cashless payments
culture   Brazil
statement   Cashless payments are increasing in popularity in Brazil, but cash remains widely used due to the widespread informal economy.

5 similar statements
# Concept Culture Statement Freq.
1 cash payments Argentina Commonly used for most transactions due to widespread informal economy 1
2 cash payments Brazil Commonly used for most transactions due to widespread informal economy 1
3 cashless payments Brazil Less widely adopted and often seen as less secure compared to cash 1
4 use of cashless payments Argentina Slowly gaining popularity, but cash is still the primary method of payment 1
5 use of cashless payments Brazil Increasing in popularity, but cash remains widely used for most transactions 1