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Thursday, 28 March 2019

In Denmark and China, businesses are forced to accept cash

We can't just rely on the replacement of cash:
Futures Forum: A cashless society with fewer ATMs and bank branches will "risk leaving millions behind"
Futures Forum: A cashless Britain where over-55s and low earners are at risk of being left behind "further supports the case for the SW Mutual bank to open branches in the South West"

Here are a couple of pieces on the subject from the Rural Services Network:

SHOPS SHOULD BE FORCED TO ACCEPT CASH


In response to the recent Access to Cash review, the website lovemoney.com polled readers on their attitudes towards cash.
The review warned that the ‘death knell for cash’ in other countries had been due to shops and businesses refusing to accept cash, rather than a lack of ATM machines or bank branches.
Subsequently, 82 per cent of readers said that businesses should be forced to accept cash. This is the case in China and Denmark, where accepting cash is mandatory.
Full article:

Separately, North Yorkshire County Council has intervened to support proposals to introduce new cash machines in areas hit by bank closures.
The Council has asked all 72 of its councillors to propose sites that they think would benefit from a cash machine.  
It comes after councillors found that assumptions were being made about the ability of post offices to fill in the gaps left by bank closures.
Full article:






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Shops should be forced to accept cash - Rural Services Network
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2 comments:

Clipping Path said...

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