Home Tags Cashless Society
Tag: Cashless Society
It's not only because cashless payment systems are efficient and hygienic.
Fewer than 10% of people in Norway use cash — and a senior official thinks it could disappear completely in a decade
Use of physical money is incredibly rare in the Scandinavian nation, with less than 10% of transactions including cash.
Londoners are the most likely to be ready to ditch cash, while those in the Midlands are least willing, according to exclusive research from Kantar TNS.
Copper coins are rarely used in transactions, are expensive to manufacture, and have little role in an increasingly cashless society.
Cashlessness is a polarising concept. Some within the financial world believe that a cashless society is close, while others, don't see it ever happening.
A consortium led by Mizuho Financial Group and Japan Post Bank plans to launch the new digital currency in time for the Tokyo 2020 Olympics.
The former Chancellor planned to take 1p and 2p coins out of circulation, but then Prime Minister David Cameron blocked the move.
We may be headed for a post-cash world, and experts predict there could be some strange consequences for our bodies and our minds.
Cash is going to go the way of the dinosaurs.