News Archive 2024

An illuminating quote about South Africa. “A striking 94% of adults withdraw cash each month, according to the recent FinScope study. This is shown in daily transaction behaviour at retailers on the ground. Statista writes that about 73% of point-of-sale transactions in this country are still conducted in cash.” South Africans are NOT using cash because they HAVE to do so. They WANT....

More than 5000 people responded to this Yahoo survey and 95% said they believed shops should obliged to accept cash. This supports findings in recent surveys conducted on behalf of LINK Scheme Ltd and the Payment Choice Alliance. So Keir Starmer Rt Hon Rachel Reeves & Tulip Siddiq - please get on with getting a Payment Choice Act passed in 2025! Source: uk.news.yahoo.com/cash-shops-card-onl....

The answer the question in the article headline? NO! And now a quote from one these experts found by J.P. Morgan: “Still, I would be surprised if we didn’t have a cashless society in the next 50 years. If that becomes the case, then it’s crucial that we ensure that the necessary safeguards are in place.” So we might have a “cashless” society by 2074? Arou....

Seahouses is a great little town! A local guide has this description: “Seahouses is big, lively, has lots of pubs and cafes, restaurants, a National Trust shop - and lots of fish and chip emporia. It's also the place to go for boat trips to the Farne islands and has lovely sand dunes.” The last bank in town closed in July 2023, having operated since 1876. It was a Martins Bank ....

UK Veterans Minister Alistair Carns has made clear that keeping cash circulating in the UK is a matter of “National Security”. The governments of Norway and Sweden share this belief. It is obvious that “cashless”, contrived by Visa and Mastercard, working with their collaborator banks, is NOT in the Public Interest in ANY country. The Payment Choice Alliance believes tha....