Cash payments above €3000 to be outlawed in Netherlands

Re:Cash payments above €3000 to be outlawed in Netherlands by frumper on Wednesday August 23, 2023 @01:21PM (#37239233)

What about clawbacks? If someone uses a stolen account to pay me, can that bank get the money back after I've sold the goods?

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Re:Cash payments above €3000 to be outlawed in Netherlands by throwaway2037 on Wednesday August 23, 2023 @11:36PM (#37244722)

Any highly advanced economy: yes, there will be fraud protection built into the system. Do you live in a place where this is not true?

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Re:Cash payments above €3000 to be outlawed in Netherlands by frumper on Thursday August 24, 2023 @12:34AM (#37245034)

And that’s the point. If I sell you my used car and find out you paid with stolen funds, I’m not going to get cash clawed back, where I could realistically be out my car and money if someone used a digital payment.

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