The DNB is worried about the decrease in the use of financial cash



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Voormeulen believes that payment with money should remain possible. "Many people have problems with pins: some elderly people, visually impaired.There are also 2.5 million people with low literacy." He points out the risk of malfunctions and hacking. "Cashless companies make you vulnerable as a society."

The increase in the number of debit card payments has accelerated in recent years, thanks in part to the arrival of contactless bank cards. Since May, the Dutch pay in only 39% of the cases in cash, according to the figures. Banks and representatives of various outlets such as retailers, food service establishments and service stations have worked hard at promoting debt.

The agreed target values ​​of 60% PIN and 40% of liquidity are now met. The pact for payment of traffic established for this purpose in 2005 will end Monday. The parties are also continuing their efforts to obtain less cash.

DNB wants banks, shops, government agencies and interest clubs to agree that cash will generally be accepted. Voormeulen speaks in the newspaper of a polder model. "If it does not work out, you can think of rules, it's up to policymakers to decide if regulation needs to be adjusted."

In countries such as Norway and Sweden, authorities have already taken action legal. According to DNB, both countries have shown that liquidity can also continue to function well as a means of payment, even with a much smaller share of retail payments.

Retail Trade The Netherlands has been enjoying the growth of the safer and more efficient sector for years. The professional association points out that purchases should remain possible for all in the stores, according to the association, the money will not disappear from the store in the coming years.

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