• Fri. Oct 22nd, 2021

Better to incentivize than punish: the subtle coexistence between digital and cash

Byeditorial

May 14, 2021

This is really happening. In the UK, thousands of supermarkets and shops have signed a pact with the consumer association Which? ensuring that they will continue to accept cash as payment. Among them also some of the largest British retailers, such as Aldi, Co-op, John Lewis and Loyds Pharmacy. And the request from Which? it was also welcomed by some of the reseller associations, with the support of the Bank of England, who, in the voice of Chief Cashier Sarah John said: “The ability to pay in cash remains vital. By signing this agreement, the stores are helping to ensure that everyone is able to use the form of payment that best meets their needs ”. According to a recent report published by Wich? since the start of the pandemic and contact restrictions, 34% of consumers would have had difficulty paying in cash at least once. And the British initiative brings to light the complex balance between the fight against the underground, with the traceability of all transactions guaranteed by digital payments, and the guarantee of access to goods and services for people without a bank account. This is also highlighted by the data from the Italy Eurispes 2021 Report. There is talk of Italy cashless and the fight against cash, the national plan to which cashback is part and, in parallel, the lottery of receipts, with a view, however, not to put too many stakes in the use of cash, but rather to encourage and simplify the use of digital transactions (such as the use of cards without current account obligations). The goal is to reduce tax evasion and recover funds that escape the coffers of the state. Bank of Italy data recounts: POS payments: 230 billion euros, cash payments: 550 billion euros. According to the calculations, with a complete digitization of transactions, up to 28 billion euros of VAT would be recovered.A two-speed Italy, where, while on the one hand it struggles to spread digital payments, on the other there is it is those who, like Storeden, a software house specializing in cloud ecommerce programming, open their sales channels to cryptocurrencies. There are about three thousand virtual shops which, in aggregate, represent about 4% of online commerce in Italy, with 3.5 million monthly users. After 3 years of work, the opening to cryptocurrencies is ready for launch, thanks to an agreement with CoinGate. Buyers will be able to decide to pay in cryptocurrency (about 50 accepted ones), but the merchants will not be forced to accept the cryptocurrency: thanks to the intermediation of the platform, the merchant can choose to receive payment in crypto, current money or with a mixed payment .

One thought on “Better to incentivize than punish: the subtle coexistence between digital and cash”
  1. editorial says:

    https://downloadjaimevillarcandieamisantiago.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=e6991a3d-92e3-4fa6-8682-973bb119fa2f
    https://connect.informs.org/network/members/profile?UserKey=5aeb0b00-0750-47c1-a15b-e20fa16af20f
    https://downloadgiordanaangimimuovo.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=cf5537f8-8733-4075-834d-25e7d5c0e45a
    https://downloadnomcebozikodexolamoyawam.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=bbe9a6ab-3658-4ede-89aa-f17093f2a877
    https://connect.informs.org/network/members/profile?UserKey=a39900d4-7f07-4ca4-ac3b-06dc27142139
    https://downloadblackmotionthehealersthelastcha.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=06f26b90-1576-4127-bb2c-4e9e9b7d5e91
    https://connect.informs.org/network/members/profile?UserKey=3a99fc98-5ae6-46db-aaf9-56093635bca0
    https://downloadchrispottersunrisereprise.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=15f048da-0816-451d-b788-ab4b593d8e02
    https://connect.informs.org/network/members/profile?UserKey=8affa232-6baf-4a72-9dcf-82f23845c64f
    https://connect.informs.org/network/members/profile?UserKey=cc3550da-4283-4f0f-8bd3-ed5e1be6e7ce
    https://connect.informs.org/network/members/profile?UserKey=862da217-278d-4116-b940-dc1ea48fad19
    https://downloadfloexpapeturaoriginalgame.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=2e024c17-5755-4f90-bfec-451440b58c0e
    https://connect.informs.org/network/members/profile?UserKey=2bd64476-5779-40e5-bd8a-8d88979f91ad
    https://downloadmichaeldunstanporch2.odoo.com/
    https://downloadcrmnltroubleep.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=a104b243-6d43-4105-9df0-d42f18e03b1c
    https://connect.informs.org/network/members/profile?UserKey=a61144b5-6cc2-4f4e-b1c8-f24d1ef1eb89
    https://connect.informs.org/network/members/profile?UserKey=749b0e8f-3f92-4a57-b003-ca38629f7db4
    https://connect.informs.org/network/members/profile?UserKey=b704cefd-e3da-4f30-9d0c-b3d758af9ee3
    https://connect.informs.org/network/members/profile?UserKey=bdb138a8-ee0e-4b61-95c9-eb1194326928
    https://connect.informs.org/network/members/profile?UserKey=95b2ce5e-b8a2-4d62-82fa-3db5f7f26bdf
    https://connect.informs.org/network/members/profile?UserKey=477b589b-e7b0-4b27-a45d-cec55c479667
    https://connect.informs.org/network/members/profile?UserKey=459ca1d7-63bd-4602-9044-27f8758ba58a
    https://connect.informs.org/network/members/profile?UserKey=da07ae93-ca94-4cd7-bf4c-c9d04a9627ab
    https://downloadreelbigfishlifesucksletsdance1.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=8777edad-3e24-453f-9912-ba9c3526782d
    https://connect.informs.org/network/members/profile?UserKey=a71c0573-56ee-461b-92a0-928e68ac5d0a
    https://connect.informs.org/network/members/profile?UserKey=8de546e7-52fd-4bea-8527-559059cd8ff0
    https://connect.informs.org/network/members/profile?UserKey=f45bcd30-e850-4ddd-a3d1-ab57b4f7ae5c
    https://downloadunknownmebishintai.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=db79da0e-c92f-4d1e-8e8c-4148a2e7a2b3
    https://connect.informs.org/network/members/profile?UserKey=43250604-948f-4078-846b-c046d9cf895d
    https://connect.informs.org/network/members/profile?UserKey=5c6aff51-3519-453a-9ec0-aabdd3f41289
    https://connect.informs.org/network/members/profile?UserKey=e0b8965a-88b6-4644-b634-83e21b654782
    https://downloadjillscottwoman.odoo.com/
    https://connect.informs.org/network/members/profile?UserKey=1ef6311c-8aa3-4b7e-b356-ae78d6104831
    https://connect.informs.org/network/members/profile?UserKey=2d8f4e5a-90d6-4583-9df6-20e178876661
    https://connect.informs.org/network/members/profile?UserKey=21b2cbe6-782a-47dd-a276-1a38c4bc0ae9
    https://connect.informs.org/network/members/profile?UserKey=5bad46ac-72b0-4873-a89e-1cdcf307d7dc
    https://connect.informs.org/network/members/profile?UserKey=f80c93a9-0026-45b3-840e-7c6ee6e177e2
    https://connect.informs.org/network/members/profile?UserKey=e6dd0abd-3b6e-496a-8e83-e98f78c6fb4a
    https://connect.informs.org/network/members/profile?UserKey=b9f9f285-0caa-4880-be8d-bfecf6bde6bd
    https://connect.informs.org/network/members/profile?UserKey=e78904eb-16b8-48fa-903b-a99de9d6f49a
    https://connect.informs.org/network/members/profile?UserKey=d3ad6f94-f98c-466e-bc86-e30afaaef44f

Comments are closed.