In the article, “Should Cashless Businesses Be Banned?” (Upfront, Martz, 2020, Subscription required), I learned that there has been a debate that poses the question, “Should America move over to a cashless society?” In recent years, many businesses have stopped accepting cash and have only started accepting card or digital pay as payment. This article provides two sides of the argument.
One side states that not all Americans have access to a bank account or credit and debit cards. This would make it difficult for those people to buy anything. This side also states that cashless transactions leave the customers at a risk of a data breach, and also states that cash is a consumer choice, which should be left to the people.
The other side of the argument states that digital and card payments have been increasing in recent times, and that the world is changing. This side also states that you don’t even need a card to make cashless transactions, since there are many apps in which you can pay digitally.
Personally, I feel like removing cash transactions would create many problems. As stated before, not everybody has access to digital or card payments. Some people also just prefer cash over card. There is also the problem amongst the youth as well. Many teenagers may not have access to a bank account or credit and debit cars. Something that all teenagers have access to, however, is cash. Cash makes it easy to make simple transactions, such as buying a snack at the store. By removing this option, many teenagers would find it difficult to buy things.