Abstract

The world of cashless payments is developing at an accelerated pace due to the emergence of innovative payment tools that allow the processing of transactions in real time. This is the result of decades of development and evolution, and changes in information technology have had an impact on all aspects of life, including methods of paying for goods and services. The analysis of the impact of cashless payments on economic growth is justified by the many benefits they bring. In this context, it is essential to emphasize the need to implement measures that would help promote cashless payments, which in turn will help streamline the functioning of several branches of the national economy thanks to the transparency they provide.

Highlights

  • In the era of digitalization, the non-cash payments have managed an astonishing evolution during the last 10 years

  • According to the definition presented by the European Central Bank, non-cash payments involve the transfer of funds between payment accounts [2]

  • A non-cash payment is a secure transaction for customers, while helping to increase the revenue and improve the operational sellers’ efficiency

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Summary

Introduction

In the era of digitalization, the non-cash payments have managed an astonishing evolution during the last 10 years. Analiza impactului plăților fără numerar asupra creșterii economice este justificată prin numeroasele beneficii pe care le aduc acestea.

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