mastermined
Well-known member
Visa is planning on subsidizing UK businesses to stop accepting cash entirely, emphasizing the need for a digital alternative.
The large payment processor is reportedly offering substantial incentives to businesses to go cashless, including free upgrades and plain subsidies. The goal is to get businesses to operate exclusively with electronic forms of payment such as cards, Apple Pay, etc. Visa will also reportedly soon test out this “cashless challenge” in the US, offering select businesses $10,000 to go cashless.
https://www.dashforcenews.com/war-cash-reaches-uk-underscores-need-digital-cash/
