Uruguay and the Economy that Almost No Longer Uses Cash - Diario La R

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The money ceased to be paper and became a movement. Across Latin America, millions of people exchanged their wallets for cell phones and transformed the way to pay, charge and save. A recent report by the Inter-American Development Bank confirms that the use of electronic media quadrupled in the last decade and that instant payment systems are becoming the heart of the regional economy. Uruguay is no stranger to that wave. Three out of four paym…