half way up the page Guest Number 6 wrote -

BUT ... John in Knsas raised a very valid point against ... and I certainly agree with him ... a cashless society will exclude a great number of quite fine people from full participation in our society ... and that is the poor. Getting a bank account pretty well is off limits to the homeless ... this in itself makes it more difficult for them to climb out of thier hole ... a cash less society pretty well shoves them inot further misery.

biLL
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In Oz welfare recipients (including the homeless) MUST have a bank account to get their money. Which probably explains why we have so many folks begging on the streets.

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Cluin sez.

My bank charges an extra "service charge" on my account when the balance falls below $1000. Nice way to kick folks when they're down, eh?
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So do Oz banks & credit unions, but then we did deregulate our Banking system in the 90's & lotsa' smaller banks were chomped up by bigger Oz & international banks!

My ATM account is not linked to my savings account & I have been penalised in the past (4 withdrawals per month!) for not keeping all my money in that account.

Recently my Credit Union decided to acknowledge loyal customers like me who have had accounts for more than 10 years & let us have lots more access to our own money without paying a fine (fee) for exceeding the 4 transactions per month.

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Liz the Squeak

To move towards a totally cashless society would only serve to widen the gap between the haves and have-nots.?

RIGHT ON!

Looks like we live in a Global Economy as the same problems are in different countries.

sandra