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Cash is king in Canadian Convenience Stores





PYMNTS.com explains that "cash is still one of the most popular being put to use for everyday retail":

"Few businesses understand cash’s role in Canada’s retail economy better than convenience store merchants. After all, they play a large role of their own in enabling these common retail transactions. The nation is home to nearly 26,000 convenience stores, according to the Canadian Convenience Store Association (CCSA), serving 10 million customers per day and pumping approximately $56 million CAD into the economy each year.

These customers still prefer cash to make small-ticket purchases like lottery tickets, tobacco products, candy, beverages and other items, said Satinder Chera, president of the CCSA. From the convenience store perspective, Canada is not positioned to go cashless anytime soon, he added — contrary to what some recent reports  may have argued."
 
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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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