Cashless Denmark

Denmark has been slowly shifting its country to become a cashless society. In a recent NPR segment, when the reporter asked customers of a busy pub to raise their hand if they had cash, only two people actually had cash in their wallets. It seems this cashless trend is one the people are pushing for rather than the government forcing upon them. This week the government has announced that in the near future, they plan allow restaurants and retail stores to reject the option of banknotes and coins.  


Starting next year, boutiques, restaurants, gas stations, and electronic stores are not required by law to continue taking cash as a form of payment. Grocery stores, post offices, pharmacy, doctors, and dentists are not qualified for this change and must still allow banknotes as a form of payment.  

The government is strongly in favor of this change; stating once this program is in effect, it will be a burden for both retailer and the financial management. A member of the Chamber of Commerce said, "If all stores chose to receive payments electronically, though card or mobile phone, it will prove to be cheaper and efficient for companies across the country." 

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