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Denmark Proposes Legislation Leading Toward Cashless Society

May 6, 2015 by Mobile Payment Magazine

In Denmark, more than 30% of the population uses MobilePay, a mobile app widely used to transfer money from phone to phone and pay for goods in retail stores. The Danish government is now considering a proposal that would allow retailers to reject cash payments and accept only mobile payments. According to Reuters, Sweden, Denmark and Finland have the highest rate of credit card payments per inhabitant in the European Union.
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Filed Under: News Tagged With: Cashless Society, Denmark

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