Online payments are becoming more popular: the world’s largest money-printing plant is going bankrupt

With the rapid development of mobile network, online payment has become more and more commonly used means of payment. De La Rue, the world’s largest money-printing company that prints money for more than 140 countries, including the UK, has issued a warning of a possible bankruptcy, saying there are “huge doubts” about its future, according tomedia reports.

Online payments are becoming more popular: the world's largest money-printing plant is going bankrupt

The 198-year-old De La Rue, a British paper money manufacturer, has been printing banknotes for the Bank of England since 1860. To date, De La Ruhas has signed contracts with 140 central banks around the world, and about a third of the world’s banknotes are printed by the company, making it the world’s largest commercial money printing machine.

In this case, industry analysts say that more and more people are choosing to use bank card payments and online transfers instead of cash payments, and that the rapid changes in people’s payment habits have also had a huge impact on the operation of money-printing companies.

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