Underbanked

US burger joint Shake Shack will resume its cash-acceptance policy after a failed attempt to go cashfree.

In 2016, only 10% of the $24 billion annual humanitarian aid was distributed in cash. The amount is expected to rise to 33% or more by 2025. This forces aid agencies to re-think their traditional ways of doing business.

Rwanda is pushing for a cashless society on the grounds that it contributes to financial inclusion. But with a country that is predominantly cash-based - and with everyone having access to hard currency - what more is there to include?