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Breaking News

The philadelphia city council will ban cashless stores.

In Washington Metro wants to make cash disappear: Critics worry the change will disproportionately affect the poor

Not all consumers are happy, while more and more retailers are refusing cash

Major retailers delay New Jersey's bill to ban cashless stores

Investing in a cashless society

British Retailer Dixons Carphone Faces a Major Breach That Affects Nearly Six Million Bank Cards

One of Asia’s Largest Cryptocurrency Exchange Hacked

A New Bill in Washington D.C. Would Bar Local Restaurants From Refusing Cash

Opinion leaders

Malcolm McDowell, Director on the Board of the International Currency Association : "The most powerful form of reinforcing a ‘save first, buy later’ mentality is to use cash."

"For decades, anti-cash campaigns led by dominant card brands, have been waged with the objective of discrediting cash" according to the ATM Industry Association

Andy Hoffman, analyst : "In India, the "cashless society" decree changed the life of the masses for the worse."

"If cash stopped working, it would leave all individuals to rely on the private sector for access to money and payment methods." says Swedish economist Cecilia Skingsley

Bitcoin causes global warming according to researchers at the University of Hawaii

The Bank of Canada warns against an increased dependence on retail payment networks.

Dr Rakesh Goyal (PhD in cyber security): "The risks associated with the move towards a cashless society are no longer hypothetical."

The drive towards a cashless society doesn't appear to be a smart move




Countries

In Sweden people are getting concerned about the shift towards a cashless society

In Great Britain, 95% of the population is still carrying cash.

Will you prosper in cashless Britain?

Despite claims of a cashless revolution, in the UK the average purse contains £26

The growing digital divide in the Chinese economy

In theory cashless societies appear to be great, but fail in reality: a China case study








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.

The cashless society from an ethical point of view









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Top Ten Things To Know

The debate

Cashless society Vs terrorism: Are States fighting last year’s war again?

Inclusion: a cashless economy fights the poorest, not poverty

A cashless economy to root out theft and petty crime?

A cashless economy as a bulwark against fraud and tax evasion?

Does a cashless economy really boost economic growth for all?

Governments and sovereignty concerns in a cashless society

Why commercial banks are lobbying in favor of a cashless economy

Ecology: the carbon footprint of payment means in a cashless economy

The convenience of payments means in a cashless economy

Mass surveillance in a cashless economy: freedom & privacy at risk