Denmark ‘not heading for cashless society’ – research

Central bank recognises cash transactions are in decline

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Cash will remain a method of payment regardless of whether its usage declines, says the Danish central bank.

“Some Danes live more or less without using cash, but for other Danes, cash is an important part of their everyday lives,” the National Bank of Denmark reveals in a research note published today (December 12).

A survey conducted by the central bank revealed 50% of 1,200 participants aged between 15 and 79 said it would be “problematic” if there was no cash available. 40% said it would

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