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> In europe most of the population seems to prefer to pay in cash (for clothes, groceries, electronics etc. pp.). That is a very coarse and completely unfounde
by Freak_NL 10y ago
> In europe most of the population seems to prefer to pay in cash (for clothes, groceries, electronics etc. pp.).
That is a very coarse and completely unfounded statement. The situation differs greatly per country; you can spend months without touching cash in the Netherlands or Sweden. In the Netherlands we've passed the 50% mark for electronic debit card payments at a point of sale a decade ago!
Online purchases are soaring too across the continent, which means that for clothes and electronics there is a shift towards less and less cash transactions each day.
- rvense 10y agoDenmark has largely converted to cards and, over the past year or so, a mobile payment app made by the largest bank. I know maybe a handful of people except myself under 50 who still use cash for anything, ever. They tend to also have Thinkpads and GPG keys.
- BlackMonday 10y agoI should have worded it better, but it's not wrong. It's predicted that cards wil overtake cash by 2022, at the moment cash is ahead: https://www.atkearney.com/documents/10192/9746746/Cashing+In+on+Cashless+Commerce.pdf/fa4f4d59-829c-4a84-af41-3dda1f70918f?utm_content=bufferc1856&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer https://www.atkearney.com/documents/10192/9746746/Cashing+In... probably because netherlands and sweden make up only 4% of europes population and the other countries are slower at adopting it.