Depositing salary in a digital wallet: another step to reduce the use of cash? This coming June, an amendment to the Wage Protection Law will come into effect that will allow salary deposits through payment applications such as Bit and Paybox. Despite all the measures taken in recent years, a large part of the population still pays in cash.
The possibility of depositing salary and making transfers of large amounts through non-banking means may encourage populations that do not maintain a bank account to prefer to use payment apps and payment wallets.