The disappearing paper: Why cash is a dying payment method
By Jon Norris A cashless society has been a talking point for futurists for years, but for one reason or another, has never quite been within our grasp. Now, like the electric car and clean energy, it’s finally happening – and it’s about time. The arguments for ditching notes and coins are numerous, and quite convincing. In the US, a study by Tufts University concluded that the cost of using cash amounts to around $200 billion per year – about $637 per person. This is primarily the costs associated with collecting, sorting and transporting all that money, but also includes … Continue reading The disappearing paper: Why cash is a dying payment method