Cashless Economy
"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 Sweden: citizen rebelling against 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

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

What is the true cost of going cashless ? - 09/24/2019

In the move towards cashless, UK consumers are worried about going cardless - 09/18/2019

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Banking Security

Cashless economy questions our security systems

India faces threats of a cashless economy

The Dangers of a Cashless Economy

Asia’s cashless society will only benefit governments

Have your say

Cashless society is not a good solution

Cashless society is not a good solution
On its face, New York City’s new ordinance requiring restaurants and retail outlets to accept cash as an optional form of payment or face stiff fines seems ridiculous. We doubt many people who could afford a fancy restaurant, for instance, do not have a credit card. But the truth is New York and...

What would a cashless economy mean for the environment?

What would a cashless economy mean for the environment?
Human-influenced global warming is a hot topic. With protests and sit-ins sprouting up around the world, people are worried. Progress, now, would be a move towards more environmentally sustainable, ‘green’ practices in everything that we do. There is fairly solid consensus on this, at least among...

Good habits for 2020: stop paying cashless

Good habits for 2020: stop paying cashless
Kind of like that person in the movie theater who kicks the back of your seat: It’s annoying, distracting and ruins your experience. But that doesn’t mean you should stop spending entirely, just like you don’t have to stop going to the movies altogether. You just need to pick your purchases (and...
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

Warren Buffet votes for cash and freedom

Warren Buffet votes for cash and freedom
If Warren Buffett ever walks into your store or restaurant, he's likely to pay for his purchases in...

The reasons to say no to cashless society

The reasons to say no to cashless society
In the District, restaurants and businesses alike are following an increasing nationwide...

Cashess is a threat for the unbanked

Cashess is a threat for the unbanked
The D.C. Council on Thursday considered legislation that would ban cashless, brick-and-mortar...

US consumers like cash

US consumers like cash
US consumers say cash and plastic cards remain their top preferred payment methods, citing speed...

India is not ready for cashless

India is not ready for cashless
Even more than three years after demonetisation and all-out efforts to make most transactions...

Cities and States are leading the fight against cashless economy

Cities and States are leading the fight against cashless economy
After almost 10 minutes of standing in line at a coffee shop, Ritchie Torres realized he only had...

Cashless business: a mistake to avoid

Cashless business: a mistake to avoid
Are you thinking about going cashless with your business? Before you start investing in only...

All cashless should be banned

All cashless should be banned
The growing shift towards digital payments is strongly debated among governments, central banks and...

Austin on its way to ban cashless retail?

Austin on its way to ban cashless retail?
Human Rights Commissioner Garry Brown noticed recently that more and more businesses across the...

The vulnerable harmed by cashless society

The vulnerable harmed by cashless society
The cashless revolution is here, and it’s happening all over the globe: from Malaysian village...
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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