Why use digital $?
Greater efficiencies and lower costs for businesses
Ecash eliminates the costs of handling coins and paper
The estimated cash handling cost for U.S. retailers and banks is over $60 billion annually
ÅgStudies have shown that a financial institution saves between $.75 and $1.25 for each payment converted from a deposit made with a teller to Direct DepositÅh
ÅgAnnual costs savings to the banking industry as a result of these new electronic payments should run between $350 million and $500 million.Åh
-National Automated Clearing House Association
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