Friday, 12 February 2010

Cashless society, would it work here- yes/no!

Consumentenbond, the Netherlands-based consumer association, has claimed that the country could be cash-free within five years, with all transactions made via card or mobile payments. According to local press reports, a number of supermarkets have already outlined plans to phase out the use of cash by 2014 in a bid to reduce the risk of robbery, while mobile operator, Telfort, is to stop accepting cash payments from April 2010.

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