Denmark leaving cash behind

EPA/MIKKO PIHAVAARA

To fight fraud, Danske Bank linked individuals' MobilePay accounts to their national insurance numbers.

Denmark leaving cash behind


Denmark might soon take the lead as one of the world’s first cashless societies after the government proposed granting retailers the right to turn down cash payments.

As reported by The Independent, the Danish government has said that as of next year, business such as clothing retailers, restaurants and petrol stations should no longer be legally bound to accept cash payments.

The proposal is part of a package of economic growth measures, which are being released ahead of this year's Danis...


This story is part of New Europe's Premium content.

To Read the Full Story, Subscribe or Sign In from the ↑ Top of the Page ↑
new europe join now