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Belgium: The Evolution to a Cashless Society

Is There Room for Cash in a Society Where All Transactions Tend to Go Digital?

The Evolution to a Cashless Society in Belgium: Is There Room for Cash in a Society Where All Transactions Tend to Go Digital?

In today’s terms, a cashless society is described as an economic state, whereby financial transactions are not conducted with money in physical form (banknotes or coins), but rather through the transfer of digital information. To this day, no country is fully cashless. But does it matter in today’s digital world? What are the benefits of going fully cashless?

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