{"id":135673,"date":"2024-11-27T07:30:06","date_gmt":"2024-11-27T05:30:06","guid":{"rendered":"https:\/\/tietopankki.crnet.fi\/fi\/news\/which-countries-in-europe-are-heading-toward-becoming-cashless-societies\/"},"modified":"2024-11-27T07:30:06","modified_gmt":"2024-11-27T05:30:06","slug":"which-countries-in-europe-are-heading-toward-becoming-cashless-societies","status":"publish","type":"post","link":"https:\/\/tietopankki.crnet.fi\/fi\/news\/which-countries-in-europe-are-heading-toward-becoming-cashless-societies\/","title":{"rendered":"Which countries in Europe are heading toward becoming cashless societies?"},"content":{"rendered":"<div class=\"mp_wrapper\">\n  <div class=\"mepr-unauthorized-message\">\n    <p>You are unauthorized to view this page.<\/p>\n  <\/div>\n  <div class=\"mepr-login-form-wrap\">\n            \n<div class=\"mp_wrapper mp_login_form\">\n                  <!-- mp-login-form-start -->     <form name=\"mepr_loginform\" id=\"mepr_loginform\" class=\"mepr-form\" action=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/\" method=\"post\">\n            <div class=\"mp-form-row mepr_username\">\n        <div class=\"mp-form-label\">\n                              <label for=\"user_login\">Username<\/label>\n        <\/div>\n        <input type=\"text\" name=\"log\" id=\"user_login\" value=\"\" \/>\n      <\/div>\n      <div class=\"mp-form-row mepr_password\">\n        <div class=\"mp-form-label\">\n          <label for=\"user_pass\">Password<\/label>\n          <div class=\"mp-hide-pw\">\n            <input type=\"password\" name=\"pwd\" id=\"user_pass\" value=\"\" \/>\n            <button type=\"button\" class=\"button mp-hide-pw hide-if-no-js\" data-toggle=\"0\" aria-label=\"Show password\">\n              <span class=\"dashicons dashicons-visibility\" aria-hidden=\"true\"><\/span>\n            <\/button>\n          <\/div>\n        <\/div>\n      <\/div>\n            <div>\n        <label><input name=\"rememberme\" type=\"checkbox\" id=\"rememberme\" value=\"forever\" \/> Remember Me<\/label>\n      <\/div>\n      <div class=\"mp-spacer\">&nbsp;<\/div>\n      <div class=\"submit\">\n        <input type=\"submit\" name=\"wp-submit\" id=\"wp-submit\" class=\"button-primary mepr-share-button \" value=\"Log In\" \/>\n        <input type=\"hidden\" name=\"redirect_to\" value=\"\/fi\/wp-json\/wp\/v2\/posts\/135673\" \/>\n        <input type=\"hidden\" name=\"mepr_process_login_form\" value=\"true\" \/>\n        <input type=\"hidden\" name=\"mepr_is_login_page\" value=\"false\" \/>\n      <\/div>\n    <\/form>\n    <div class=\"mp-spacer\">&nbsp;<\/div>\n    <div class=\"mepr-login-actions\">\n        <a\n          href=\"https:\/\/tietopankki.crnet.fi\/fi\/login-2\/?action=forgot_password\"\n          title=\"Click here to reset your password\"\n        >\n          Forgot Password        <\/a>\n    <\/div>\n\n      \n    <!-- mp-login-form-end --> \n  <\/div>\n      <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<div class=\"smart_content_wrapper\">\n<p>The Nordic countries are leading the way for adopting a future without cash transactions, while Armenia, Georgia, and Germany fall behind, according to a recent analysis. Europe\u2019s Nordic countries are more prepared for a future where cash is no longer used in transactions than the rest of Europe, a new analysis has shown.<\/p>\n<p>Finansplassen, a Norwegian finance information site, aggregated data from the World Bank, Eurostat, and other publicly-available data banks to look at how adapted each European country was to let people pay without cash. They evaluated the number of ATMs and payment terminals available per 100,000 people, the limit that cardholders could spend while contactless shopping, and the number of people who are online banking. Fewer ATMs means the country is less reliant on cash and a higher number of payment terminals means there\u2019s a &#8220;greater infrastructure,&#8221; for electronic transfers, according to a spokesperson from Finansplassen.<\/p>\n<p>Their analysis showed that Norway is the most prepared for a cashless future: it has one of the lowest numbers of ATMs and around 96 per cent of the population does online banking, according to the analysis. Finland and Denmark come second and third in the analysis because they have more ATMs than Norway and slightly fewer payment terminals, but roughly the same percentage of people who use online banking.<\/p>\n<p>The Netherlands, Sweden, Iceland, Estonia, Lithuania, Cyprus, and Switzerland rounded off the top 10 in the analysis while Armenia, Georgia, and Germany were the least adapted to cashless systems. Five of the top 10 cashless countries are Nordic countries, according to the study.<\/p>\n<p>Olle Pettersson, a personal finance expert at Finansplassen, told Euronews Next that the Nordic countries in particular find cashless systems &#8220;useful&#8221; because these systems help overcome some of their challenges, like sparse population density or harsh weather conditions that make traditional payments a bit harder. These countries also have an advantage, Pettersson continued, because they have high trust in public institutions and small populations, making it easier to try out new policies. In 2016, Norway\u2019s largest bank DNB called to stop using cash because it was concerned about illegal activities like money laundering, according to the Independent.<\/p>\n<p><a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/next\/2024\/11\/26\/which-countries-in-europe-are-heading-toward-becoming-cashless-societies\">Read more&gt;&gt;<\/a><\/p>\n<p>Source: <a rel=\"noopener\" href=\"https:\/\/www.euronews.com\/next\/2024\/11\/26\/which-countries-in-europe-are-heading-toward-becoming-cashless-societies\">Euronews<\/a><\/p>\n<\/div>\n<p>The post <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\/csr-news-en\/which-countries-in-europe-are-heading-toward-becoming-cashless-societies\/\">Which countries in Europe are heading toward becoming cashless societies?<\/a> appeared first on <a rel=\"noopener\" href=\"https:\/\/vastuullisuusuutiset.fi\/fi\">Vastuullisuusuutiset.fi<\/a>.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[22],"tags":[17084,555,696],"class_list":["post-135673","post","type-post","status-publish","format-standard","hentry","category-news","tag-cashless-society","tag-csr-news-en","tag-europe"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135673","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/comments?post=135673"}],"version-history":[{"count":0,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/posts\/135673\/revisions"}],"wp:attachment":[{"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/media?parent=135673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/categories?post=135673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tietopankki.crnet.fi\/fi\/wp-json\/wp\/v2\/tags?post=135673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}