👉 Cash computing, also known as cashless or traditional payment systems, is a method of conducting transactions using physical currency rather than electronic methods like credit cards or digital wallets. In this system, businesses and consumers exchange cash directly for goods and services. Cash transactions involve the physical handover of money, typically at checkout counters, and are often accompanied by a receipt for record-keeping purposes. This system is prevalent in many regions, especially in areas with limited access to digital payment infrastructure or where cash remains a preferred medium of exchange. While cash computing is straightforward and widely understood, it can be less convenient and more susceptible to fraud compared to electronic payment methods.
