Can Cashless Payments Preserve Your Health?

It’s widely believed that money is the root of all evil. But, did you know that the cash notes and coins you use every day can be detrimental to your health? Various studies reveal that paper money carries different types of bacteria. The exchange of cash notes between individuals could make you sick.

cashless payments

In fact, researchers at the Wright Patterson Medical Center in Dayton, Ohio analyzed 68 old dollar bills. Of these, five notes had bacteria that could cause infection in healthy people. Meanwhile, 59 notes comprised bacteria that could cause an infection in anyone with a weak immune system. Furthermore, researchers found only four dollar bills to be relatively clean.

Similarly, a recent research study conducted by New York University reveals that a $1 bill contains almost 3,000 types of bacteria. The researchers analyzed DNA from the dollar bills using environmental metagenomic sequencing. They identified DNA from several many sources, including E.Coli (food poisoning), staphylococcus aureus (skin infections) and bacillus cereus (food-borne illiness). Surprisingly, about half was from human DNA.

In addition, cash notes can transfer antibiotic resistant bacteria which leads to 23,000 deaths every year, according to the U.S. Centers for Disease Control and Prevention.

Old, unsanitary dollar bills are exchanged multiple times every day. The dirty nature of cash isn’t as problematic for individuals as it is for certain organizations where cleanliness is an issue. Case in point: the hospitality business.

Cleanliness plays a major role in the hospitality industry. Whether it’s a high end restaurant or a tiny takeaway, business owners go the extra mile to maintain impeccable cleanliness standards. Food businesses follow stringent policies and spend fortunes on keeping their restaurants bacteria-free. After all, their business name and professional reputation is at stake.

Employees are required to wash their hands after handling money. However, it’s impossible for a restaurant owner to check if every employee follows such policies at all times. That’s why some food businesses have been eliminating cash for cashless payment systems.

Cashless payment systems eliminate the use of cash altogether. They also reduce cash processing time and costs. Cashless payments streamline and simplify transactions. It’s also the most pragmatic solution to reducing the spread of bacteria through cash notes.

If you’re searching for a reliable cashless payment provider, contact UIC. UIC develops an array of secure payment solutions for multiple markets, including hospitality, retail, transportation and more. UIC’s portfolio includes, but is not limited to, magnetic stripe readers, msr readers and contactless readers.

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