Worldline announced today that it has published a benchmark study conducted in Belgium, based on lifecycle analyses that show the high potential of electronic payments to reduce CO2 emissions in the payments ecosystem.

According to the report, in-store electronic payments produce significantly lower levels of CO2e emissions than cash payments.

The report also identifies industry-wide levers to further decarbonize electronic payments, starting by reducing emissions to less than 1g of CO2e per transaction.

According to the study, an in-store cash payment generates 2.8g of CO2e emissions, compared with 2.45g of CO2e for an electronic payment, even without taking into account the impact of transport to withdraw cash from the ATM.

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