A cashless society?

The elimination of cash from all transactions is an idea that could become a reality in Ireland in the not-too-distant future

29th January, 2017

Sweden could soon be a totally cashless society. Cash payments made up only 2 per cent of payments in the country in 2015 and the Swedish central bank is now considering introducing a digital, virtual currency, the eKrona.

In the capital Stockholm, a request to pay for something in cash is looked down upon almost as much as lighting up a cigarette indoors. The metro doesn’t accept cash, retailers have the right to refuse it, and even...

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