De Gregorio Raises the Bet and Proposes to Ban Cash Purchases for over a Million Pesos
3 Articles
3 Articles
“All cash purchases would have to be banned for more than $500 thousand or $1 million, which is why...
They circulate through networks messages that predict the “imminent disappearance of cash”, which would be “replaced” by the digital euro being developed by the European Central Bank (ECB). These messages criticize the project, which is currently under way, ensuring that it will serve to “control transactions and restrict purchases.” Actually, according to the ECB and experts consulted by Verificat, the aim is to create a public and secure payme…
Germany has been a classic cash country, card payments and mobile payments for a very long time. In the last few years, this has changed, the Corona years have greatly helped to pave the way for digital and non-contact payments and to push back cash payments. Today, Germany is also paying increasingly cashless, currently cashless payments are about the same. In Germany, the initiative "Germany pays digitally", launched by banks and payment servi…
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