Friday, 3 March 2017

A cashless society is coming to the whole world !!!


The Down falls upon this are: a number of reasons, the biggest of all being that every one can loose their freedom and rely upon the state. If you don't agree and get out of sink with the state you can Not buy or sell without someone knowing as all eftpos is a electronic footprint of all you buy and sell


The banks will push Push This due to the millions of dollars extra that they will make on service charges. On every purchase where when cash is used to purchase they miss out on a lucrative endless supply of money, which is received in up to 2% on the use of credit/debit cards as a service charge - that is 
$0.02 on ever $1 or $0.20 on every $10.00 in bank charges on every purchase which they do not get with the use of cash?

With the millions of transactions daily this would be very lucrative for the banks to want to push for cashless society as when you purchase with cash the banks miss out on this.

Written and Published by John Christopher Sunol 

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