News Archive 2023

The first sentence of this The Independent article is: “Like any self-respecting 20-something I don’t use cash.” Of course, it is very odd to think that “self-respect” can be gained by going “cashless” - but, in any case, the statement is completely wrong in terms of no “20-somethings” using cash. Many young people DO use cash. The YouGov s....

This article confirms that retailers understand the importance of cash - and Payment Choice. And every retailer also understands they would see even higher fees - and chargebacks - imposed by Visa and MasterCard in the absence of cash as a competitor. So cash is great for the public - and retailers! asiantrader.biz/exclusive-look-into-status-of-cash-in-c-stores

Here is a quote from this article: “In 2022 Banque de France reminded two of France’s biggest retailers that they were obliged to accept cash..” Meantime, Rishi Sunak says: “Forcing all shops to accept cash wouldn’t be appropriate.” It seems the wishes of British public - remember, 40 million British voters want a Payment Choice Act - are at grave risk of be....

Payment Choice and people being able to spend and access their cash is a topic close to our Payment Choice Alliance Ambassador Patrick Hutchinson’s heart. As Patrick says in this heartfelt video, whether you are a regular cash user or not, it is important to know and understand the grave implications of losing it as a payment choice. Please take action and write to your MP about this. We ev....

The German public won’t be either seduced or hounded into giving up their cash. And the Deutsche Bundesbank stands shoulder-to-shoulder with the public. Meantime, in the UK? When did the Bank of England produce reports like the Deutsche Bundesbank about every aspect of cash? NEVER. The Bank of England instead says that it’s “not our job to promote cash”, the ONLY UK ow....