cross-posted from: https://feddit.org/post/4262252
A combination of good high-speed internet coverage, high digital literacy rates, large rural populations and fast-growing fintech industries had put the Nordic neighbours on a fast track to a future without cash.
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But Russia’s invasion of Ukraine in 2022 and a subsequent rise in cross-border hybrid warfare and cyber-attacks blamed on pro-Russia groups have prompted a rethink.
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The Swedish government has since completely overhauled its defence and preparedness strategy, joining Nato, starting a new form of national service and reactivating its psychological defence agency to combat disinformation from Russia and other adversaries. Norway has tightened controls on its previously porous border with Russia.
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[Norway’s] justice and public security ministry said it “recommends everyone keep some cash on hand due to the vulnerabilities of digital payment solutions to cyber-attacks”. It said the government took preparedness seriously “given the increasing global instability with war, digital threats, and climate change. As a result, they’ve ensured that the right to pay with cash is strengthened”.
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At least in Germany legal tender means “valid for payment of any obligation”, also private ones. But if a shop says “we don’t accept cash” then they’re not entering a sales contract with you unless you agree to pay in another way, without contract no payment obligation to them so they’re not required to accept anything, and if there is a contract, well, you agreed to the terms.
I don’t think the same would fly for e.g. rental or utility contracts, though. Any contract that isn’t agreed upon and fulfilled while you’re standing in front of the cashier.
Yeah, i think that’s the same in the US.
As in, if they commit to accepting your business, they must accept cash. But they can also refuse to do business with you if you insist on using cash. Or something like that.
For example, in the past, you’d pump gas before paying, which meant you had a debt to the fuel station, so they’d be required to accept cash to settle that debt. However today, you need to prepay, so they can simply refuse to accept your business if you refuse to use one of their accepted payment options.
That said, my understanding is that they’re not obligated to make change for you. So you’d need to show up with exact change (or extra) to settle a debt if the company doesn’t want to take it.