Cashless Economy
Despite Government attacks, cash is still king in India "This shift to all-digital upends the foundation of our economy and creates unintended consequences for consumers." Frank Sorrentino, CEO of ConnectOne Bank One of Asia’s Largest Cryptocurrency Exchange Hacked What Really Lies Behind Sweden's Cashless Crusade A New Bill in Washington D.C. Would Bar Local Restaurants From Refusing Cash Going Cashless Can Be Dangerous, Malaysian President of the Consumers Association Warns In Germany, the cashless economy raises concerns about trust and privacy Sweden’s central bank governor calls for public control over its payment system Cashless society: from Sweden to India, some might get left behind A growing risk of banking disaster in a cashless economy
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Australia is not running towards cashless economy





Australia is not running towards cashless economy

Over the last few years, thousands of Swedes have had a biometric microchip implanted into their hands so they do not have to carry keycards, IDs or even train tickets.

It is another step in the move towards a completely cashless society which we have probably been heading towards since Frank McNamara, of Diners Club fame, introduced the first credit card back in 1950. Then again, US archaeologist Jonathan Mark Kenoyer says ancient civilisations in the Indus Valley used clay tablets in much the same way as credit cards over 5000 years ago.

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Go Further

Despite Government attacks, cash is still king in India - 06/02/2020

Armenia postpones its move towards cashless system - 05/27/2020

Mixed feeling to cashless payment in Malyasian immigration department - 01/22/2020

Canadians are not that crazy about cashless - 01/20/2020

Will cash be soon illegal in Australia? - 01/15/2020

Cashless or not, Malaysia wants to give the choice to everyone - 01/13/2020

Japan economy is gloomy besides the cashless promise - 01/10/2020

Indian companies fined for not using digital payment - 01/04/2020

The hidden fight to get cash in Sweden - 01/01/2020

When the interruption of Intenet makes you cashless - 12/27/2019

When US lawmakers understand the dark side of cashless economy - 12/18/2019

India faces threats of a cashless economy - 12/16/2019

Nigeria going cashless: small and medium companies in trouble - 12/14/2019

Cashless trains will leave you thirsty and hungry - 12/09/2019

Cashless society : parents are allowably worried - 12/06/2019

Japan new desperate try to restore its economy - 12/04/2019

The downside of a cashless China - 11/29/2019

China's path to cashless society: more restrictions for all - 11/20/2019

A cashless economy would put India at risk - 11/18/2019

Going cashless, Japan economy is facing big challenges - 11/16/2019

Is cashless economy going too far in China? - 11/14/2019

Cashless India: three years from note-bandi, is demonetisation a failure? - 11/12/2019

In Japan elderly aren't so keen to go cashless - 11/08/2019

Cashless economy in Rwanda: Is Mobile Money too expensive? - 11/06/2019

In the US, cash is more popular than ever - 10/23/2019

Cashless society: lessons from Sweden - 10/16/2019

India: here is what happens when a society goes temporarily cashless - 10/11/2019

Going digital-only is not a win-win solution - 10/08/2019

Malaysia: Customers are paying the price for cashless transactions - 09/27/2019

Asia’s cashless society will only benefit governments - 09/26/2019

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Banking Security

Money laundering is now digital

Despite Government attacks, cash is still king in India

Big Brother enjoys COVID-19 and cashless payments

Cash is glowing in New Zealand

Have your say

Money laundering is now digital

Money laundering is now digital
Anti-money laundering service, SmartSearch details the new ways money laundering is taking place in the digital age. With the rapid advancements in mobile technology and internet accessibility, people can engage with financial institutions 24/7. In fact, 64% (YouGov) of Brits use their smartphone...

Cashless transactions are a burden for small businesses

Cashless transactions are a burden for small businesses
OPINION: Reductions in transaction fees paid to banks and credit card companies would help save brick and mortar Canadian businesses, which are facing many new expenses and significant lost revenue due to the pandemic. Over the course of the last few months, businesses in every sector have been...

Coronavirus: banknotes no worse than other objects

Coronavirus: banknotes no worse than other objects
There has been a surprising emphasis placed on the role of banknotes in the spread of the coronavirus. As the pandemic only intensifies, it has become clear that there are a great many other objects and surfaces on which the virus can survive — and we cannot seem to stop touching them. Excessive...
Academic Research

Ecology: The Carbon Footprint of the New Means of Payment

Children, education and the ethical issue in a cashless society

John Howland Cochrane, economist and professor at Berkeley: "The ability to transact with anonymity and privacy has been a central freedom for hundreds of years."

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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The debate

COVID-19, lobbying... Cash will remain despite all

COVID-19, lobbying... Cash will remain despite all
As the coronavirus lockdown restrictions are gradually eased across the UK, questions are being...

Big Brother enjoys COVID-19 and cashless payments

Big Brother enjoys COVID-19 and cashless payments
Never let a good crisis go to waste, the old saying goes, and we can see that clearly with...

Cash is more appealing than ever in Australia

Cash is more appealing than ever in Australia
Australians weren’t just stockpiling toilet paper during the COVID-19 crisis – they have also been...

Bank of Canada is concerned about cashless economy

Bank of Canada is concerned about cashless economy
TORONTO -- Even before the COVID-19 pandemic, consumers had been increasingly using forms of...

COVID-19: Cash is not a problem

COVID-19: Cash is not a problem
Some people worry that cash may be spreading the coronavirus. Earlier this year, both China and...

Fast moves towards cash are spreading the virus of social exclusion

Fast moves towards cash are spreading the virus of social exclusion
Fears of coronavirus spreading through cash have been diffused by health authority engagement....

Cash is glowing in New Zealand

Cash is glowing in New Zealand
Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never...

When cashless debit card causes stigma and stress

When cashless debit card causes stigma and stress
The findings of a report into the federal government’s cashless debit card, which was quietly...

Going cashless is a gift to China

Going cashless is a gift to China
We are, yet again, in danger of being consumed by the Chinese borg: While much of the world is...

Enough of fake news about cash and COVID-19

Enough of fake news about cash and COVID-19
No, cash payments will not spread the virus Early statements by the World Health Organization...
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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