Cashless Economy
Despite Government attacks, cash is still king in India "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
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Electronic payments are an ecological disaster





Electronic payments are an ecological disaster
With the war on cash, environmentalists are growing concerned that the increase in online payments will add a large energy bill to societies, compared to the old-fashioned paper banknote. Although ecology and currency may seem distant concepts, the amounts involved, should currency cease to exist, make it a very serious risk.

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Banking Security

Money laundering is now digital

Despite Government attacks, cash is still king in India

Big Brother enjoys COVID-19 and cashless payments

Cash is glowing in New Zealand

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Money laundering is now digital

Money laundering is now digital
Anti-money laundering service, SmartSearch details the new ways money laundering is taking place in the digital age. With the rapid advancements in mobile technology and internet accessibility, people can engage with financial institutions 24/7. In fact, 64% (YouGov) of Brits use their smartphone...

Cashless transactions are a burden for small businesses

Cashless transactions are a burden for small businesses
OPINION: Reductions in transaction fees paid to banks and credit card companies would help save brick and mortar Canadian businesses, which are facing many new expenses and significant lost revenue due to the pandemic. Over the course of the last few months, businesses in every sector have been...

Coronavirus: banknotes no worse than other objects

Coronavirus: banknotes no worse than other objects
There has been a surprising emphasis placed on the role of banknotes in the spread of the coronavirus. As the pandemic only intensifies, it has become clear that there are a great many other objects and surfaces on which the virus can survive — and we cannot seem to stop touching them. Excessive...
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

COVID-19, lobbying... Cash will remain despite all

COVID-19, lobbying... Cash will remain despite all
As the coronavirus lockdown restrictions are gradually eased across the UK, questions are being...

Big Brother enjoys COVID-19 and cashless payments

Big Brother enjoys COVID-19 and cashless payments
Never let a good crisis go to waste, the old saying goes, and we can see that clearly with...

Cash is more appealing than ever in Australia

Cash is more appealing than ever in Australia
Australians weren’t just stockpiling toilet paper during the COVID-19 crisis – they have also been...

Bank of Canada is concerned about cashless economy

Bank of Canada is concerned about cashless economy
TORONTO -- Even before the COVID-19 pandemic, consumers had been increasingly using forms of...

COVID-19: Cash is not a problem

COVID-19: Cash is not a problem
Some people worry that cash may be spreading the coronavirus. Earlier this year, both China and...

Fast moves towards cash are spreading the virus of social exclusion

Fast moves towards cash are spreading the virus of social exclusion
Fears of coronavirus spreading through cash have been diffused by health authority engagement....

Cash is glowing in New Zealand

Cash is glowing in New Zealand
Despite the apparent shunning, by the masses, of cash, the amount of cash in circulation has never...

When cashless debit card causes stigma and stress

When cashless debit card causes stigma and stress
The findings of a report into the federal government’s cashless debit card, which was quietly...

Going cashless is a gift to China

Going cashless is a gift to China
We are, yet again, in danger of being consumed by the Chinese borg: While much of the world is...

Enough of fake news about cash and COVID-19

Enough of fake news about cash and COVID-19
No, cash payments will not spread the virus Early statements by the World Health Organization...
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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