The government in Denmark has proposed doing away with the obligation for retailers in the country to accept payment in cash, in an attempt to replace it with other methods such as plastic cards and mobile payments. “The government said, as of next year, businesses such as clothing retailers, gas stations and restaurants should no longer be legally bound to accept cash,” Reuters reports. The proposal will need to be approved by parliament but is “unlikely to meet much opposition”.
- Meet NFC World partners at Seamless Middle East
- Goode reports on growth of biometric authentication
- 3.4bn phones will support Apple Pay, Android Pay and Samsung Pay by year end
- Apple to launch P2P payments and debit card this year?
- Guide introduces how Android Pay works