Norway's government has proposed a new law to ensure consumers retain the right to pay with physical cash, countering the global trend towards cashless transactions. This initiative, which mirrors a similar movement in neighboring Sweden, aims to mandate that shops accept cash payments. The move is seen as a response to the declining use of cash and checks, amidst a broader shift to digital payments. Norway, recognized as a leader in the adoption of digital payment methods, is now taking steps to protect the traditional use of cash, highlighting the importance of consumer choice and security in financial transactions.
(Bloomberg) -- Norway’s government proposed measures to safeguard the consumers’ right to pay with notes and coins in a country that is among the global leaders in transitioning to digital payments. The move — which echoes calls in neighboring Sweden — seeks to ensure “security… https://t.co/T0pPAYUDXV
Why the U.S. won't change physical cash https://t.co/y85jUBZyZU
HUGE: Norway going AGAINST the cashless agenda! The government wants to strengthen people's right to pay with physical cash. The Norwegian government is proposing a new law that will FORCE shops to accept real cash as payment. In other words, they will not be allowed to be… https://t.co/0Mz0kY8c5Z
NORWAY: The country's government is proposing measures to protect the right of consumers to pay with cash
Norway Wants to Strengthen Consumers’ Right to Pay Cash https://t.co/ER4HaKdLXs Interesting, as cash & checks are getting used less and less...
HUGE NEWS Norway is now following Sweden in talking about making it mandatory for shops to accept physical cash. They are going against the cashless agenda. Do you support this move?