Re:Sweden’s central bank says it has begun testing an e-krona
by PeterisP on Thursday February 20, 2020 @04:20PM
(#22378752)
Tourists tend to have cards and use them.
The poor people have bank accounts, because if you're poor and getting some gov't assistance, that gets transferred to a bank account (I mean, how else? No non-financial institution or gov't agency is going to employ tellers handing over cash directly, they all use banks for that, and checks aren't used); it's general EU policy that basic financial services (bank accounts, bank transfers, electronic bill paying, card payments) should be available to everyone including the very poorest. Even a homeless, unemployed drug addict would be expected to have access to these services.
The poor people have bank accounts, because if you're poor and getting some gov't assistance, that gets transferred to a bank account (I mean, how else? No non-financial institution or gov't agency is going to employ tellers handing over cash directly, they all use banks for that, and checks aren't used); it's general EU policy that basic financial services (bank accounts, bank transfers, electronic bill paying, card payments) should be available to everyone including the very poorest. Even a homeless, unemployed drug addict would be expected to have access to these services.