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Following on from a ruling in Philadelphia in March 2019 and highlighting just how difficult it will be for society to go completely cashless, New York City Council approved legislation... more
The post New York City makes ruling against stores going cashless appeared first on Payments Cards & Mobile.
In highlighting just how difficult it will be for society to go completely cashless, this week has seen the UK report on how it cannot allow its cash infrastructure to... more
The post Cashless society? Philadelphia bans ‘Cashless’ stores appeared first on Payments Cards & Mobile.
In a blow to those who believe a cashless society is near, the UK Treasury Committee has held an evidence session with the Payment Systems Regulator (PSR), in which Rt Hon. Nicky... more
The post UK Government moves to protect cash with ATM protection review appeared first on Payments Cards & Mobile.
There is no doubt that lack of trust in the payment system remains a fundamental obstacle to a cashless society. Research shows that consumers are now more concerned than ever... more
The post The cashless society – Maintaining trust in the payment system appeared first on Payments Cards & Mobile.
Bloomberg recently reported that the Fed was forced to fly a planeload of cash to Puerto Rico to help avert disaster, when Hurricane Maria knocked out power on the island, the residents realized they were going to need physical cash — and a lot of it. William Dudley, the New York Fed president, put the word out within minutes, and ultimately [...]
The post The cashless society – what happens when the power goes out? appeared first on Payments Cards & Mobile.