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Im all for it. I moved back to Norway for a few years (2006) and most of the time there I only carried my debit card and no cash. I sometimes had a 200kr note i
by flurdy 11y ago
Im all for it. I moved back to Norway for a few years (2006) and most of the time there I only carried my debit card and no cash. I sometimes had a 200kr note in the same card sleeve for emergencies, but think I only used it once or twice in the 5-6 years I was there. Even remote pop up cafes/hot dog stands in the middle of nowhere took chip and pin cards.
It annoyed when I moved back to the UK that I had to start carry cash again as most corner shops in the UK have a minimum spend of £5 for cards. For valid reasons as in the UK the card providers charge a much higher fee than in Norway but it generally makes me avoid those shops.
The spread of contactless cards are also a blessing (in the UK and Norway). Paying for kids ride on stationary cars in shopping centres, even quick charity donations, etc are all great friction removing innovations.
(http://www.fundraising.co.uk/2015/01/22/cruk-trials-contactless-giving-through-the-charity-shop-window/ http://www.fundraising.co.uk/2015/01/22/cruk-trials-contactl...)
- learnstats2 11y ago> the card providers charge a much higher fee I suggest that card providers would charge an even higher fee if nobody was using cash.