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In the move towards cashless, UK consumers are worried about going cardless





According to a study conducted earlier this year by UK Finance, just one in ten adults in the UK now opts to only use cash, with the rapid with the rapid growth of contactless payment and decline in the number of ATMs leading many to predict that the UK may become a cashless society in the next few years.

However, although some may be concerned about the prospect of going cashless, with a study conducted by consumer watchdog Which? revealing that 25 million people in the UK may be negatively affected by the move towards a cashless society, many are also worried about the possibility of a cardless society.

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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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