A first-of-its-kind law went into effect in Philadelphia this month, mandating that all businesses accept physical dollar bills or coins in exchange for goods and services. Overall, the percentage of cash payments in the U.S. has been dropping, from 33% to 26% in just the past four years. That’s prompted some businesses to go entirely cashless. But not everyone is buying in. Brook Silva-Braga reports.
CBS This Morning , Oct 19, 2019
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Cashless society seems like an inevitable progression into an easier, faster and more convenient future. But this comes at a huge of cost of privacy and anonymity of cash payments, and freedom from control over people’s funds.
The Hated One , Aug 18, 2019
The Swedish band ABBA has been singing about “Money, Money, Money” for years. But if you try to buy a ticket to the pop group’s museum exhibition in Stockholm with cash, you’re out of luck; it’s one of the increasing number of establishments that has stopped accepting cash. Mark Phillips looks at how Sweden is becoming a cashless society, where transactions are all done with smartphones and devices, and where last year only 13% of Swedes could remember using coins or bills for a recent purchase.
CBS Sunday Morning , Jul 28, 2019
Financial Expert Bruce Sellery shares how to prepare for going into a cashless society by 2023 – and what we can do limit our spending. Cityline is the longest running and most successful daytime show for women in North American history. Host Tracy Moore brings her energy and enthusiasm along with her charismatic personality and flair for style – making her a perfect fit for North America’s top source for the latest in home decor, food, entertaining, fashion, health and beauty.
Cityline , Aug 14, 2019