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Cash won't disappear in the US





The United States continues to break away from cash transactions. The popularity of online shopping and the increase in alternative payment methods has pushed many consumers to eliminate cash from their lives.

Would going cashless be good for America? What are the pros and cons of a cash-free society? Let's explore the future of cashless transactions in America and how likely that conversion would be.

The Upside to Going Cashless

Eliminating cash would speed up transaction times. No counting correct change or fumbling with wrinkled bills—everything would process digitally. Slow processing times were once a cause of concern for chip cards, but the majority of consumers now prefer EMV cards over magnetic strip cards.

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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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