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The challenges of transitioning to a cashless society





The movement toward a cashless society has gained significant support in recent years, but a close look at the ongoing role of cash suggests that not everyone may benefit from eliminating bills and coins from retail sales. While merchants and payment-processing giants like Visa tout the advantages of a no-cash experience for consumers, cash continues to be the most convenient and popular form of payment for millions of Americans.

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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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