Cashless Society

We use cash to pay for day to day shopping, travel and certain types of services e.g. takeaway deliveries, window washing etc... The handing over of actual notes and coins carrries a significant health risk due to the potential to tranfer germs and the corona virus.

Why the contribution is important

Cash can quickly and easily travel through many hands and are multiple touch points for contaminating everyone who comes into contact.

Most people have got debit or credit cards now and any minor inconvenience would be heavily outweighed by the benefits. During the lockdown, even older people who didn't previously have cards have made greater use of plastic cards so carers could do their shopping.

There are added benefits to the economy from a cashless society. The economy has taken a massive hit during lockdown and it will be even more vital for citizens to pay taxes to support services. Moving to a cashless society will ensure more money is visible in bank accounts and can be acccounted for taxation purposes.

by Carronhall on May 10, 2020 at 04:28PM

Current Rating

Average rating: 2.3
Based on: 12 votes

Comments

  • Posted by SteveR57 May 10, 2020 at 16:37

    I agree completely

  • Posted by Laffy01224 May 10, 2020 at 16:43

    I wouldn’t like it to be cash only society. I use my cards quite a lot but there are times I prefer to use notes and coins.

    People have been using cash a lot less recently because some places have been refusing to accept it.

  • Posted by timk May 10, 2020 at 17:05

    Should also increase contactless limits further, especially for Applepay and similar

  • Posted by Julie May 10, 2020 at 17:16

    This would leave behind several segments of society, there has been previous research showing this.

  • Posted by AlJones May 10, 2020 at 23:46

    A cashless society will prevent small communities from fundraising for vital local services. Coffee mornings and events are still key cash-fundraisers in many communities. Even in cities, third-sector organisations will fold in a cashless society,

  • Posted by LOKE May 11, 2020 at 20:22

    I don't agree.
    Paying by card makes every transaction traceable and removes any sense of privacy, especially if it involves a shared bank account or purchases which you would legitimately want to keep private.
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