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Cash & Crises
Why digital can't replace cash
Farid Aliyev, Senior Financial Services Officer, BEUC
January 17, 2017
The European Consumer Organisation (BEUC) concludes that cash has a number of advantages which cannot be matched by any electronic payment method, at least for the time being. Those features explain in large part why cash is still widely used by consumers. They also underline why the idea of a cashless society should be buried.