Difference between revisions of "Cashless society"

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Revision as of 05:20, May 4, 2023

A cashless society refers to states and nations which have removed the ability of the people to independently conduct transactions without some larger entity such as a bank, credit card company, government, or other knowing about it.

India has made moves toward a cashless society, abolishing larger bills.[1] South Korea plans to abolish all coins by 2020.[2]

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