Thursday, 11 November 2010

Cashless Squid Card

Hit the link above to watch Squid's video about how this cash replacement card works.

Whist we totally appreciate the uses of smart cards in schools and on public transport, we're concerned about the costs to smaller retailers of moving to a cashless transaction model.

To what extent will suburban and rural broadband speeds place independents at a disadvantage compared to major retail chains?

If our entire economy becomes cashless we probably won't see much community fund raising either and markets could become a thing of the past.

Recent work for Re-imagine Your High Street by the New Economics Foundation suggests that independent and varied trade is what makes local economies sustainable.

Are queueing and cash so very bad - what are your views on the cashless society? 

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