{"id":94233,"date":"2014-02-15T14:00:12","date_gmt":"2014-02-15T07:00:12","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-society-why-theres-no-pain-or-gain-from-a-plastic-future\/"},"modified":"2018-07-19T16:05:12","modified_gmt":"2018-07-19T09:05:12","slug":"cashless-society-why-theres-no-pain-or-gain-from-a-plastic-future","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-society-why-theres-no-pain-or-gain-from-a-plastic-future\/","title":{"rendered":"Cashless society \u2013 why there's no pain or gain from a plastic future"},"content":{"rendered":"


\nCash purchases create a tight coupling between consumption and payment, and offers the best form of budgetingAfter four days in Iceland I realised something very odd. I hadn’t reached into my wallet to get out a single krona note. Even the coat check at a nightclub in Reykjavik breezily handed over a payment machine for the 250ISK (\u00a31.30) fee. The buses don’t take cash; taxis assume you are paying by card; coffee shops expect you to wave the plastic for the merest Americano. Iceland is on the way to becoming the first cashless society in the world, although Sweden is giving it a run for its money, so to speak.The End of Cash has been predicted for some time, and there’s a mild thrill to the idea of visiting a foreign country and never having to go to a cash machine or change money at an expensive bureau de change. But how far and how quickly do we really want to follow the Nordics down this particular path? Continue reading…
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\nSource : theguardian.com
\nRead more…Cashless society \u2013 why there’s no pain or gain from a plastic future<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cash purchases create a tight coupling between consumption and payment, and offers the best form...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-94233","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-ovT","jetpack-related-posts":[{"id":94423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-future-far-from-certain-letters\/","url_meta":{"origin":94233,"position":0},"title":"Cashless future far from certain | Letters","date":"July 23, 2018","format":false,"excerpt":"\r Cash will continue to be a universal form of payment, says Tim Halford, and Hilary Chivall warns against society being totally dependent on electricity for online transactionsCash is dying, contactless is king \u2013 we\u2019ve heard it so many times. Voices in the payment industry and the media are quick\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-britain-advances-as-contactless-and-debit-cards-thrive\/","url_meta":{"origin":94233,"position":1},"title":"Cashless Britain advances as contactless and debit cards thrive","date":"May 23, 2016","format":false,"excerpt":"\r Less than half of consumer payments were in cash in 2015, while direct debits were worth \u00a31.22tnBritain has passed another milestone on the path to a cashless society, with 2015 the first year that cash was used for less than half of all payments by consumers. Cash usage will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":161996,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirates-flydubai-sign-digital-payment-deals-with-dubai-finance-to-boost-new-cashless-strategy\/","url_meta":{"origin":94233,"position":2},"title":"Emirates, flydubai sign digital payment deals with Dubai Finance to boost new Cashless Strategy","date":"October 2, 2025","format":false,"excerpt":"\r Dubai attracted 18.7 million tourists in 2024, with cash-reliant travellers representing the emirate's potential for digital payment adoption The post Emirates, flydubai sign digital payment deals with Dubai Finance to boost new Cashless Strategy appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Emirates-flydubai-and-Dubai-Finance-partner-to-accelerate-\u2018Dubai-Cashless-strategy-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":90566,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/visa-failure-shows-the-dangers-of-ditching-cash-letters\/","url_meta":{"origin":94233,"position":3},"title":"Visa failure shows the dangers of ditching cash | Letters","date":"June 5, 2018","format":false,"excerpt":"\r Doug Clark says two credit card providers hold the lion\u2019s share of the market, giving them a worrying degree of control over our means of payment, and Mike Peart says he shouldn\u2019t be discriminated against financially for not having a smartphoneOn Friday millions of people across Britain and Europe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":8700,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-we-should-fear-a-cashless-world-dominic-frisby\/","url_meta":{"origin":94233,"position":4},"title":"Why we should fear a cashless world | Dominic Frisby","date":"March 21, 2016","format":false,"excerpt":"\r Poor people and small businesses rely on cash. A contactless system will likely entrench poverty and pave the way for terrifying levels of surveillanceThe health food chain Tossed has just opened the UK\u2019s first cashless cafe. It\u2019s another step towards the death of cash.This is nothing new. Money is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118807,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/macau-pass-to-expand-cashless-payment-service-to-hong-kong-in-2021-a-step-towards-greater-convenience-in-greater-bay-area\/","url_meta":{"origin":94233,"position":5},"title":"Macau Pass to expand cashless payment service to Hong Kong in 2021, a step towards greater convenience in Greater Bay Area","date":"October 4, 2020","format":false,"excerpt":"\r Macau Pass, the territory\u2019s sole mobile payment provider, said it\u2019s aiming to launch its MPay electronic wallet in Hong Kong by the second quarter of 2021, taking a step towards making financial services interoperable and daily life more convenient for people living within the Greater Bay Area.The MPay wallet,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94233"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=94233"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94233\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}