{"id":94423,"date":"2018-07-23T00:43:31","date_gmt":"2018-07-22T17:43:31","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-future-far-from-certain-letters\/"},"modified":"2018-07-23T02:04:31","modified_gmt":"2018-07-22T19:04:31","slug":"cashless-future-far-from-certain-letters","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-future-far-from-certain-letters\/","title":{"rendered":"Cashless future far from certain | Letters"},"content":{"rendered":"


\nCash 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 to decry the end of cash payments. Talk of the cashless society (Brett Scott, 19 July) is ubiquitous. In their enthusiasm, many forget that a cashless future is far from certain.Your article argues that Washington DC\u2019s move to make it illegal not to accept cash will protect the 10% of its citizens who remain unbanked. This issue isn\u2019t US specific. The UK has 1.5 million unbanked citizens, who rely on cash payments to partake in society. Reports show that cash is still one of our favourite payment methods, with many using it as a budgeting tool. Moving towards cashless payments would devastate the livelihoods of our most vulnerable, and go against the preferences of UK consumers. Continue reading…
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\nSource : theguardian.com
\nRead more…Cashless future far from certain | Letters<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cash will continue to be a universal form of payment, says Tim Halford, and Hilary...<\/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-94423","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-oyX","jetpack-related-posts":[{"id":13978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-britain-advances-as-contactless-and-debit-cards-thrive\/","url_meta":{"origin":94423,"position":0},"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":94233,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cashless-society-why-theres-no-pain-or-gain-from-a-plastic-future\/","url_meta":{"origin":94423,"position":1},"title":"Cashless society \u2013 why there's no pain or gain from a plastic future","date":"February 15, 2014","format":false,"excerpt":"\r Cash 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\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":94423,"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":94423,"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":94423,"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":94423,"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\/94423"}],"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=94423"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/94423\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=94423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=94423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=94423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}