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In Great Britain, 95% of the population is still carrying cash.





In Great Britain, 95% of the population is still carrying cash.
Nearly the entire United Kingdom carries cash, indicating that its citizens may feel some needs unfulfilled by banking and payment apps. According to a report by the Post Office, the vast majority of the country, around 95%, still carried cash, with the average wallet   containing at least £26. Fewer than 10% were ready to transition to a cashless society. Additionally, over 20% actually preferred using cash for certain purposes and purchases, illustrating that payment apps may not have served all needs required for consumers to trust them completely.

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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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