cashless society

A sign alerts customers that cash is not accepted at a shop in San Francisco last year. The city subsequently banned businesses from rejecting cash.

Cities And States Are Saying No To Cashless Shops

6:22pm February 06, 2020

by Alina Selyukh

Washington, D.C., is the latest city to consider banning businesses from rejecting cash. Opponents of cashless stores say they discriminate against low-income, homeless and undocumented people.

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Many Germans say cash is quick and easy to use and keeps transactions more private.

For Many Germans, Cash Is Still King

3:22pm June 09, 2019

by Simon Schütz

Average citizens in Germany carry more than 100 euros on them, significantly more than most of their European neighbors, and they keep big stashes at home.

A driver uses his smartphone to pay the highway toll with Alipay, an app of Alibaba's online payment service, in the Chinese city of Hangzhou.

World News

In China, A Cashless Trend Is Taking Hold With Mobile Payments

12:28pm June 29, 2017

by Anthony Kuhn

Consumers there are finding convenience and security in using smartphones to pay. An estimated $5.5 trillion was spent through mobile platforms in 2016, about 50 times the amount in the U.S.

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In the Old City of New Delhi, Asim Husain stands in his shop, where he sells hand-stitched purses. He says sales normally conducted in cash are down nearly 90 percent and his attempts to go "cashless" with credit cards or other e-wallet schemes have not m

Economy

India Wants To Go Cashless. But It's Easier Said Than Done

6:43pm December 21, 2016

by Julie McCarthy

Paper money is scarce as a result of a government edict. But a couple of major obstacles stand in the way of the cashless society.

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