.jpg){kind=avatar}
.jpg){kind=avatar}
.jpg){kind=avatar}
On June 21st shops and businesses on Beech Road in Chorlton, Manchester accepted only debit and credit card payments and no notes or coins. The idea was to provide consumers and merchants a glimpse into a cashless future.
{
he British Retail Consortium revealed earlier this month that cash use has dropped 14 per cent in the past five years and experts predict physical currency will disappear inside 20 years. So the ‘cashless day’ is being used as to test customers and business reaction to the idea. Bars, restaurants, takeaways, bakery, hairdressers, convenience store, deli, boutiques are among those who have agreed to scrap cash payments for the day.
unknownx500
More posts by Gareth Jones
Recent posts from News by FinTech Collective
