Cashless Economy
Will Africa turn cashless? No more cash for Armenian pensioners The War Against Cash Will the UK Stores be soon Cashless? Canada soon the most Cashless Country in the World? Some UK banks now more cash friendly? The US tends to protects cash from cashless lobbying Colorado is protecting the use of cash Cash will always be useful according to Jeffrey Goh Living in a Cashless Society is not that convenient
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Value of money: children can't understand it in a cashless society





Value of money: children can't understand it in a cashless society
The rise of cashless pocket money means children are in danger of no longer understanding the value of money, a think tank warned.

A report by WealthiHer found that the number of 11-year-olds receiving an allowance paid directly into a bank account rather than handed over in cash has risen by 20 per cent in the past six months.

It said that without better financial education in schools, the demise of children handling actual notes and coins could lead to them having a lack of understanding of financial basics.

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Banking Security

Will Africa turn cashless?

More Cashless means less Inclusion

No more cash for Armenian pensioners

Cashless Debate: the pros and cons agree on the risk of privacy

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Living in a Cashless Society is not that convenient

Living in a Cashless Society is not that convenient
Just last week we purchased lunch from a local eatery. We dug deep into the recesses of our wallet, searching for some money to complete the transaction. Eventually we scrambled together enough $1 and $2 coins to pay for the fare. "Oh, you're not using a card,'' the youngster behind the counter...

Being unbanked is spread nightmare in the US

Being unbanked is spread nightmare in the US
Approximately 63 million Americans are either unbanked or underbanked, according to a report by the Federal Reserve. That means they don't use banks to make financial transactions like cashing checks, saving money or applying for credit. That's because some are discouraged from opening accounts...

Lack of privacy, economic calamity: the threats of a digital dollar

Lack of privacy, economic calamity: the threats of a digital dollar
As demand for cryptocurrency like bitcoin skyrockets, the Federal Reserve announced the idea of a digital dollar, which would be an electronic fund under control of the government and presented as a sort of competitor to other cryptocurrency. But a central online dollar would work nothing like...
Academic Research

Welcome to Cashless Economy: Digital frauds are booming

How cashless can lead to unhealthy consumption

Value of money: children can't understand it in a cashless society

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.


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The debate

Behind Cashless Economy, Mass Surveillance?

Behind Cashless Economy, Mass Surveillance?
The relentless digitalisation of every day life since the advent of the Internet has led to many...

More Cashless means less Inclusion

More Cashless means less Inclusion
The coronavirus pandemic sparked many changes throughout society: like mask-wearing, social...

Cashless Debate: the pros and cons agree on the risk of privacy

Cashless Debate: the pros and cons agree on the risk of privacy
A recent statement from the People’s Bank of China reveals that it fined 16 public and private...

How Cashless is living on fees

How Cashless is living on fees
Miss your old free checking account? In 2020, only 47 percent of non-interest checking accounts...

Cash still very strong despite the COVID-19 and Cashless Lobbying

Cash still very strong despite the COVID-19 and Cashless Lobbying
The Covid-19 pandemic has accelerated “cashless society” efforts around the globe. Understandably,...

The End of the mandatory Welfare Card?

The End of the mandatory Welfare Card?
Labor is promising to abolish the mandatory cashless welfare card if it wins the next federal...

Bangladesh is not ready for Cashless Economy

Bangladesh is not ready for Cashless Economy
The modern-day monetary transaction has its roots in the barter system of ancient times. Over the...

Cashless Gambling: a good Idea?

Cashless Gambling: a good Idea?
The New South Wales government has backed a trial of cashless gambling in Newcastle that will let...

Going cashless: Are Seniors still taken into account in the UK?

Going cashless: Are Seniors still taken into account in the UK?
It's shocking news that more than 500 UK bank branches have closed since the pandemic began last...

More retailers vote for cash

More retailers vote for cash
Big supermarket chains and retailers such as ASDA, John Lewis and Co-Op have committed to continue...
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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