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Sunday 15 July 2018

Why going cashless is discriminatory – and what's being done to stop it

Not accepting cash excludes service to those without access to credit cards, but a new bill would make it illegal for restaurants to refuse paper money

Mobile payments. Credit cards. Digital currencies. Going cashless seems to be a worldwide trend. In Belgium, it is illegal to buy real estate with cash. Some banks in Australia have eliminated cash from their branches. Sweden has seen its use of cash drop to less than 2% of all transactions, and the number could be heading even lower in the next few years.

Related: 'Sorry, I've only got my card': can the homeless adapt to cashless society?

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from The Guardian https://ift.tt/2NgMXap

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