Will cash payments no longer be allowed? On this date everything will change and people will have to get used to it as soon as possible.
In a world where everything changes constantly, even the fight against tax evasion is a matter to be taken seriously. In fact, it is State is doing everything to make users pay by card or bank transfer, leaving the cash to go.
Today the merchants they are required to accept payments with traceable electronic tools in order for everything to be verifiable. Cash, of course, can still be used, but Italian citizens have already noticed many changes on the horizon and find themselves having to pay only with these tools available. There is, however, one date for the final farewell to cash: a novelty that is perplexing.
Fight against tax evasion between cards and bank transfers
It is a continuous struggle by the state that is trying to put an end to thetax evasion. The introduction of all electronic systems that can be controlled are not only excellent for facilitating citizens in payments but also for controlling all the expenses that are made.
There is no doubt that in order to be in order today, invoices and receipts together with the receipts, they allow optimal crossings and checks by the agents in charge. In addition, there are reports that emphasize stopping the final cash payment. Let’s try deepen the topic?
Goodbye cash payments: date and reasons
During the outbreak of the Covid 19 pandemic, many processes were implemented to avoid contagion, including the invitation to use debit / credit cards and not cash. Not only that, there are a few ATMs who want to close because many believe that it is preferable to manage all finances online or directly with the smartphone.
Slowly, cash payment is disappearing more and more and even for a cappuccino at the bar you use the card. According to what was reported by the national media, the Meloni government will continue the fight against tax evasion and will try to invite the citizens to pay through all the tools that are made available.
Today there are also payments via applications, which is why in Asia and Africa there has been a drop in the use of debit and credit . The analyst staff of GlobalData – a British analysis and consulting company – has estimated that in 2030 there will be a stop to cash. To all this is added the forecast of the increase in the use of payment apps reaching a value from 140 thousand dollars.
The American consulting firm McKinsey & Company, already in 2021 the digital payments market has undergone a huge rise. Experts have pointed out that an increase of compound annual rate 20.5% given the massive use of mobile devices.
E-commerce, in this regard, are strengthening digital services in order to allow its users to pay in any way possible.
