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Cash and Crises
Back to cash
May 17, 2018
US burger joint Shake Shack will resume its cash-acceptance policy after a failed attempt to go cashfree.
Estonia pushing digital, but cash on the rise
April 27, 2018
ATMs are being shut down in Estonia. Banks claim it's because cash withdrawals volumes have dropped, yet, the total value of withdrawn cash has been consistently rising since 2010.
The risk of a cashless fait accompli
February 14, 2018
As Facebook moves to get a piece of the payments app pie in India through its announced Whatsapp payments feature, the need to inform consumers about what's at stake with cashlessness is growing urgent.
In defense of cash: why we should bring back the $500 note and other big bills
Jay L. Zagorsky
January 12, 2018
A cashless society requires three things: electricity, communication networks and security. Recent events have shown that none of these are guaranteed. Dr. Jay Zagorsky recommends issuing high-denomination notes to increase resilience when emergencies occur.
India's cashless dreams are a little problematic. Here are the reasons
February 03, 2017
While digital payments can be encouraged, they should not aim to make cash redundant. There is huge merit in having cash as a viable option for payments.