Covid will not kill cash

Don’t touch. That’s the message to and from every corner of the UK, even as lockdown continues to ease.

But if you pay for an item or a service with cash, touch is inevitable and retailers and service providers across the country have been understandably emphatic in their demand for “card only payments”.

Like cruise ships and aircraft, notes and coins are seen as tainted and unclean in our post-Covid world, ditched in favour of the security, ease and crucial not-quite-touch of card and particularly contactless transactions.

Add that to the lack of places to spend cash in the past few months and, unsurprisingly, the number of transactions at UK cash machines plummeted by 60 per cent in April as the world stayed home, according to data from ATM network provider Link, which found three-quarters of Britons feel the coronavirus outbreak will also affect their use of cash in the future.

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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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