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New York City makes ruling against stores going cashless
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
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Cashless society? Philadelphia bans ‘Cashless’ stores
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
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UK Government moves to protect cash with ATM protection review
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
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The cashless society – Maintaining trust in the payment system
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.
The cashless society – what happens when the power goes out?
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 [...]
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