Cashless Economy
Fighting Cashless Economy: What are the options of the US Federal Lawmakers? What is the future of cash? Why turning cashless is not the right answer to South Africa's problems Will Australia be Cashless in a decade? Drivers like to pay Cash Will Ireland be Cashless? Are Pro-Cashless Studies Reliable? Cash under useful protection in the UK The Chinese digital currency as a threat to Freedom Bangladesh still aims Cashless Economy
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Fighting Cashless Economy: What are the options of the US Federal Lawmakers?

Fighting Cashless Economy: What are the options of the US Federal Lawmakers?

Countries

More businesses are moving toward cashless payment options, and some have even stopped accepting cash altogether. But members of Congress are worried about who could be left behind in this digital transition. Some researchers say the pandemic dramatically accelerated this cashless economy...
Will Australia be Cashless in a decade?

Will Australia be Cashless in a decade?

Countries

Australia will become fully cashless by 2031 as Covid-19 hastens the death of physical currency, according to most experts surveyed by Finder. The comparison website surveyed 25 experts and 14 - or 56 per cent - said they believed the nation was on track to banish cash in the next decade....
Drivers like to pay Cash

Drivers like to pay Cash

Breaking News

Cash is still the number one option for paying parking fees among drivers, but young drivers prefer to use cards and technology, new research reveals. According to an AA survey, about 46% of drivers say that paying parking fees in cash is the first option, rising to 56% for drivers over the age...
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Breaking News

Why Cash is Stronger than COVID-19

Why Cash is Stronger than COVID-19
The COVID-19 pandemic has forced Canadians to embrace online shopping and contactless payments, accelerating a shift that’s seen consumers reach more...

London Underground soon all cashless?

London Underground soon all cashless?
Cash payments may not be accepted at Tube stations in the future as Mayor of London Sadiq Khan refuses to rule out withdrawing the option. TfL...

The State of Idaho wants to protect cash

The State of Idaho wants to protect cash
Should Idaho businesses be required to accept cash as payment? That’s the interesting question that could be coming before the Idaho Legislature....

China is using Digital Lotteries to Promote State-Backed Cryptocurrency

China is using Digital Lotteries to Promote State-Backed Cryptocurrency
China is using lotteries to test its new digital currency, DCEP (Digital Currency Electronic Payment). According to a notice from the government of...

Total control: the Chinese way to punish criminal

Total control: the Chinese way to punish criminal
Rather than jail time or hefty fines, China’s justice system is employing a new type of punishment for criminals this year: massive inconvenience....

Coronavirus: cash is more used than ever in Czech Republic

Coronavirus: cash is more used than ever in Czech Republic
The central bank says that the coronavirus crisis has caused Czechs to withdraw more cash from ATMs than usual, Hospodářské noviny reported Monday....

EU Magistrate fights against Cashless economy

EU Magistrate fights against Cashless economy
LUXEMBOURG (CN) — Businesses in the European Union should accept cash, but countries are allowed to place their own restrictions on currency usage,...

What about coin shortage?

What about coin shortage?
First toilet paper, now small change. As the seriousness of COVID-19 became clear, Americans stocked up on toilet paper before heading into...

Opinion leaders

Will Africa turn cashless?

Will Africa turn cashless?
While cash is still predominantly used for payments across the African Continent, great strides have been made towards the realisation of the...

The War Against Cash

The War Against Cash
Time is, I fear, running out. Running out, that is, to avoid handing to a small number of multinational corporations our right to buy and sell...

Cash will always be useful according to Jeffrey Goh

Cash will always be useful according to Jeffrey Goh
With increased digitalisation spurred by the Covid-19 pandemic, will cash go the way of the dodo in Singapore? E-payment veteran Jeffrey Goh...

Cashless Economy and the End of Privacy

Cashless Economy and the End of Privacy
Sky News host Cory Bernardi says the move towards a cashless society through the digitsation of money is “the end of what little privacy” we have...

China likes cashless surveillance

China likes cashless surveillance
China is undertaking a huge experiment that could transform the future of money. Through ambitious pilot testing in major cities, the Chinese...

Why coin shortage is a big issue

Why coin shortage is a big issue
Afew days ago, I went to the restaurant Lemonade and they had a sign saying “no cash.” The same thing happened to me in McDonalds and the more I look...

Going Cashless in Australia: problems are growing

Going Cashless in Australia: problems are growing
When the Currency (Restrictions on the Use of Cash) Bill 2019 was introduced to Parliament last year, it faced it's fair share of media headlines,...

Cashless as a step to totalitarism?

Cashless as a step to totalitarism?
The War on Cash is a favorite pet project of the economic central planners. They want to eliminate hand-to-hand currency so that governments can...

Countries

Will Ireland be Cashless?

Will Ireland be Cashless?
The latest data from the Central Bank shows that ATM withdrawals by Irish residents fell by 40% in 2020 compared to the previous year. The data also revealed that the value of ATM withdrawals fell by 32% from the previous year to €14.7bn in 2020. Interestingly, the average amount per withdrawal...

Cash under useful protection in the UK

Cash under useful protection in the UK
As society accelerates into its digital future, the UK is taking steps to protect the centuries-old technology known as paper money. Digital payments are rapidly becoming ever more commonplace, so much so that even the world’s central banks are debating whether to issue an electronic form of...

Bangladesh still aims Cashless Economy

Bangladesh still aims Cashless Economy
Prime minister’s ICT Affairs adviser Sajeeb Wazed Joy Wednesday said that the next step of digital Bangladesh is building a cashless society to ensure transparency, accountability and mobility in financial transactions. “The next dream of digital Bangladesh is to make a cashless society. The...

Saudi Arabia aims Cashless Society

Saudi Arabia aims Cashless Society
Youth in Saudi Arabia are using less cash compared to other age groups, a sign that the Kingdom’s plans to create a cashless society is on course. Only 18 percent of Saudis aged between 16 and 22 years use cash, while almost half of people who are 60 and above use cash till date, a report by...

India: the Cashless Fail

India: the Cashless Fail
Another Modi initiative commenced just before he left on a state visit to Japan in 2016. He delivered a speech (Nov. 8, 2016) announcing the abrupt withdrawal of 500 and 1000 rupee notes to be replaced by newly designed 500 and 2000 rupee denominations. This would attack corruption and ferret out...

UK, Fragile people are even more vulnerable in a cashless society

UK, Fragile people are even more vulnerable in a cashless society
Moving entirely to electronic payment systems will endanger survivors of domestic violence and alienate the elderly, campaigners have warned. The UK is in “grave danger” of leaving survivors of domestic violence, the elderly  and millions of others without a “vital lifeline” if it...
Banking Security

Fighting Cashless Economy: What are the options of the US Federal Lawmakers?

What is the future of cash?

The State of Florida wants to Protect Cash for an Inclusive Economy

Going Cashless? Why Ethics Matters

Have your say

What is the future of cash?

What is the future of cash?
Is cash dead? Like, we’re kind of talking about how we never use it—is it on life support? Is it a senior citizen living out its days in glory? Where is cash right now? How much is it being used around the world? John Detrixhe: So cash is this amazing paradox. It is simultaneously losing...

Why turning cashless is not the right answer to South Africa's problems

Why turning cashless is not the right answer to South Africa's problems
What would happen tomorrow if we could turn SA into a cashless society with a wave of a magic wand? Far from turning the country into a crime-free paradise of low transaction costs and widespread financial inclusion, it’s more likely that chaos would reign in many communities as millions of South...

What future for Cash in Ireland?

What future for Cash in Ireland?
With the pandemic accelerating a change in both shopper and retailer behaviour, and with the growing ease and security of paying with cash versus credit cards, it seems that the future might be cash-free. Whether from a convenience, security, or hygiene perspective, retailers are moving...
Academic Research

Are Pro-Cashless Studies Reliable?

The Chinese digital currency as a threat to Freedom

Counting cash is part of the Learning Experience for Children

The cashless society from an ethical point of view

The debate about the move towards a cashless society has been at the center of the scene for several years, now. Various angles have been taken by economists, politicians, banking institutions and sociologists. Beyond the technicalities of the debate, lies the question of freedom, of inter-citizen solidarity and of governmental responsibility. The debate cannot remain in the hands of financial specialists, it is first and foremost an ethical, political and societal issue.


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The debate

The State of Florida wants to Protect Cash for an Inclusive Economy

The State of Florida wants to Protect Cash for an Inclusive Economy
Stores throughout Florida have many options when it comes to getting paid, from cash, credit, debit...

Why protecting Cash is still so Important

Why protecting Cash is still so Important
Most people will have found they are using cash less these days. We now tap our card, even for...

Why Cash is King in Switzerland and is a sign of good Governance

Why Cash is King in Switzerland and is a sign of good Governance
When I audited an economics class in the Rice University School of Business, the lecturer compared...

Contactless card: convenient but... dangerous

Contactless card: convenient but... dangerous
During the pandemic we have all been encouraged to use contactless card payments to reduce close...

Less inclusion, more inequalities: the heavy assessment of the Cashless Economy

Less inclusion, more inequalities: the heavy assessment of the Cashless Economy
Online banking, mobile finance and various payment technologies are extremely popular nowadays....

The hidden costs of Cahsless Society

The hidden costs of Cahsless Society
A cashless society describes an economic state where financial transactions are not conducted with...

How to lose millions by turning Cashless

How to lose millions by turning Cashless
Over $104 million in Pennsylvania Turnpike tolls were lost last year as the agency switched to...

The Cashless Debate about Freedom and Risks must exist

The Cashless Debate about Freedom and Risks must exist
The average citizen has become aware of the threat of government overreach, acutely cognisant of...

The EU stands for cash!

The EU stands for cash!
Since the beginning of the pandemic, consumers have increasingly faced “No Cash” signs when trying...

Why Cashless Society means Danger

Why Cashless Society means Danger
Are they trying to abolish cash? It seems that the national Covid panic, including wild suggestions...
The website "Cashless Economy" (cashless-economy.com) is edited by individuals and civil society groups fully committed to defending privacy and civil liberties against abuse and the risks inherent in a cashless society.
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