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Same in Denmark (Northern Scandinavia) which has gone all-in on this. Denmark is an almost cashless society. It is seldom I see people paying cash in the super
by silvestrov 4y ago
Same in Denmark (Northern Scandinavia) which has gone all-in on this. Denmark is an almost cashless society. It is seldom I see people paying cash in the supermarket. Cheques are no longer valid here: you cannot get cheques, you cannot pay with them.
Canada is not nearly as cashless as the article makes it out to be, it is amusing how much the article ignores the rest of the world.
The people hit by cashless are not the poor ones, but old people who have trouble learning to do things a new way. This also applies to communication with hospitals and docters which also is done online today in Denmark. So the cash problem is not special.
Cashless is better for the homeless as it is much harder to rob money from a cashless person. Digital payments can be traced (it took a few years for robbers in Denmark to learn this).
Banks in Denmark are required by law to give you a simple account and debit card. Governments pay out money by transfering them to your bank account. You tell the goverment which bank account you want to receive money on, like a default shipping address.
We have a very good domestic version of paypal which makes it very easy to pay other people (just type in their phone number and you can send them money). So it is easier to pay friends using this system than to use cash!