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Despite claims of a cashless revolution, in the UK the average purse contains £26





More than 95 percent of people still carry cash and fewer than 10 percent of people are ready to make the move to a cashless society, based solely on digital payments and online banking, a report found. The study, which revealed that the average wallet contains at least £26, backs recent claims that the cashless revolution has been exaggerated and that cash remains an important part of everyday life across the country, and undermines claims from the UK credit card industry that the days of notes and coins are numbered.

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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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