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The Best Cities to Travel Cashless Around the World

Nothing quite puts a damper on a vacation like calculating exchange rates. Luckily, there are tons of places around the world where it’s easy to travel cashless. From Stockholm to Sydney, here are the best destinations to flex that plastic.

In collaboration with Visa

Chelsea is Brooklyn-based travel writer, editor, and photographer. When not home eating her way through NYC, she's gallivanting across the globe, sailing the coast of Croatia or hiking the peaks of Peru. Her superpowers include booking flight deals and sleeping in small plane seats.

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It’s not news, but it deserves saying: credit and debit cards are more secure than cash. Not only can you set up travel notices to monitor for fraud, you also don’t have to worry about pickpockets or time or fees associated with exchanging currency. Visa has a Zero Liability Policy* to help protect you against unauthorized charges on your account. Plus, many cards provide travel insurance, including auto rental coverage, trip cancellation refunds, travel accident insurance, and even reimbursement for lost, damaged, or delayed luggage.

Another huge benefit to using your plastic is how much money you can save. Debit and credit offer you a competitive exchange rate compared to cash, and, with your card, you can save even more by paying local currency to avoid charging a conversion fee. Also, according to Visa’s 2018 Global Travel Intention Study, around 87 percent of travelers end up with leftover cash after a trip abroad, but only 29 percent exchange it back to their home currency—meaning they’re coming home with a suitcase full of useless bills. With credit and debit cards, you can set alerts to track how much you’re spending, so you won’t blow your budget, while the best travel rewards cards earn you points (a.k.a. free money) for each purchase you make, which can be redeemed for flights, hotels, car rentals, and more.

To see where you can get the best bang for your buck, check out these 10 card-friendly destinations.

New York City

With those striking skyscrapers, zooming cabs, and effortlessly chic city-slickers, Manhattan is cinematic in its own right. It’s comes as no surprise, then, that there are tons of trendy indie theaters and star-filled film festivals in the Big Apple. Many NYC movie theaters now offer e-tickets that you can buy directly through your card-activated account while others serve special menus and cocktails at your seat, which will automatically charge you for your purchases so you don’t have to wait for the bill at the end of the show. Talk about the best kind of dine and dash.

RELATED: The Best Walking Shoes for Women

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London is one of the easiest places to visit without pounds in your pocket. Transportation is one tap away as the Tube, trams, and buses operated by Transport for London are all cashless. Also, black cabs accept credit and debit and won’t take a surcharge for using a card. Walk along any of the high streets—such as Oxford—and you’ll notice shops and pubs with cashless signs. Some watering holes even have apps that allows you to order and pay with the click of a button. Heck, even buskers and street performers have QR codes and PayPal options.

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Looking for a party? Paris has tons of year-round festivals to explore—and many of them now have cashless options. For example, at the culinary events that invite the city’s top chefs to lead tastings, cooking demonstrations, and dozens of pop-up food stalls, you can try a variety of dishes and drinks using a pre-loaded ticket. Similarly, almost every music festival in Paris now offers contactless wristbands to buy food, drinks, and band merch so you never have to worry about your wallet getting lost or stolen while dancing in the crowd.

RELATED: 3 Days in Paris: Our Ultimate Guide

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Stockholm is making headlines lately as it could be the first city to become completely cash-free. According to Sweden’s central bank, Riksbanken, only 13 percent of payments in the country are made with cash as notes and coins start to be phased out. If the weather is nice while you’re in town, rent a bike or take a ferry around the 14 islands that make up the coastal capital. You’ll pedal along cobblestoned medieval streets, lush parks, and charming waterfront promenades lined with floating bars begging for a happy hour pitstop.

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Sure, the Opera House and the Great Barrier Reef get all the attention when it comes to Australia, but Sydney has a lot more to offer besides its typical tourist attractions. The city is a major foodie hotspot—especially in terms of fresh seafood as well as Asian-inspired cuisine thanks to a flux of expats from Singapore, Hong Kong, and Tokyo. Save room to eat your way through the card-only Asian food stands that line Kensington Street in the hip Chippendale neighborhood.

RELATED: 15 Cool Things to Do in Sydney

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Canada is also at the forefront of the cashless movement, with more than 60 percent of the country’s purchases being made via credit card. It’s easier than ever for New Yorkers to drive to Toronto, just two hours from Buffalo, since the toll booths at Grand Island became cashless (so you can speed right through without hitting traffic). Once in the city, grab tickets for a concert or sports game at Scotiabank Arena, home to the Toronto Maple Leafs ice hockey team and the Toronto Raptors basketball team.

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Seoul has always been futuristic and tech-friendly, and it’s even more so now thanks to the introduction of T-Money. These prepaid cards can be used in taxis, trains, public transit, and more than 30,000 convenience stores around South Korea. Any leftover or loose change can be deposited back onto the card as well. Spend that dough in the Samcheong-dong district, which is choc-a-bloc with eclectic art galleries, indie boutiques, and al fresco restaurants. Then, head a few streets over to the Bukchon Hanok Village , a hilltop maze of centuries-old Korean homes that have been preserved and reopened as artist studios, tea rooms, and tiny museums.

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Oktoberfest may be Munich’s main draw, but beer isn’t the only thing this German city’s got going for it. There are a handful of historic sites to see, especially come spring when the weather warms up. The city is home to grand 18th-century palaces, priceless art museums (a few of which are housed in former royal residences), and sprawling public gardens with outdoor beer gardens and lakefront lawns ideal for a sunny afternoon picnic.

RELATED: 8 Incredible Places in Germany to Add to Your Itinerary

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Following the Crazy Rich Asians fanfare, all eyes are on Singapore’s glam lifestyle. Big-spenders will want to splurge on one of the high-end hotels dominating the city skyline—especially when these swanky stays come with rooftop terraces and decadent spas. Just don’t forget to see the main attractions: during the day, stroll through the Singapore Botanic Garden , which is celebrating its 160th anniversary, and the Gardens by the Bay at night, when the tall, plant-like structures twinkle in a rainbow of lights.

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Reykjavík

Massive glaciers, black-sand beaches, thundering waterfalls, adorable Icelandic ponies—it’s no wonder why Iceland has captured so much attention in recent years. Make the colorful capital of Reykjavík your home base, and bed down in one of the city’s minimalist-chic hotels. Then, spend a morning browsing the boutiques along the Laugavegur shopping strip (keeping in mind that some stores and bars don’t accept any cash, even tips.)

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*Visa’s Zero Liability policy does not apply to certain commercial card and anonymous prepaid card transactions or transactions not processed by Visa. Cardholders must use care in protecting their card and notify their issuing financial institution immediately of any unauthorized use. Contact your issuer for more detail.

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ARE YOU READY FOR CASHLESS TRAVEL?

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Several countries and even cities have become progressively cashless in recent years, making cashless travel more and more prominent. We even talked about contactless and cashless travel in a recent blog post, and we think it will continue to see fewer people paying with cash, instead using credit and debit cards, as well as alternative forms of payment like PayPal, Venmo, WeChat, and even Cash (the mobile app, not the currency).

With newer payment alternatives, the need for physical currency seems to be slipping in popularity. There are even several countries that are making the move to becoming a cashless society.

Sweden has already reported that   80 percent of their population are already using some sort of non-cash payment form , and they could be completely cashless by 2023.   South Korea has similarly reported that 80% of all transactions are cashless . Australia   believes they could go cashless in two years . And in China,   ecommerce is expected to make up 11.6% of their GDP by 2022 .

Of course, we probably won’t see a cashless society here in the United States, since there are still laws in place that require merchants to accept cash, no matter how much they may not want to.   Some cities, like Philadelphia, San Francisco, and Washington D.C., as well as the state of New Jersey, are making moves to ban cashless stores . That doesn’t mean you can’t use cashless or contactless payments, but it means that stores that want to deal in cash-only transactions will not be allowed to do so.

MAKING THE SWITCH TO CASHLESS TRAVEL

Cashless travel shouldn’t be that difficult anyway. There’s a very good chance that you already use credit cards and debit cards. And it’s not a great idea to carry a lot of cash with you when you travel, in case you lose it or it gets stolen.

At least when you lose a credit card, you can quickly get a replacement, and you’re protected from theft by the credit card network and/or your issuing bank. And you can even travel without a credit card in some cases, such as if you forgot your wallet. There are options like paying with Apple Pay and Google Pay, visiting businesses that let you tie your credit card to your account (e.g. Starbucks, Subway, etc. It’s not ideal, but you’re not stuck if you forgot your wallet or purse in your hotel room.)

You can also buy pre-paid credit cards that function like debit cards but are accepted as credit cards, and still have the same protections. The benefit of these is if your card gets stolen, you only lose a smaller amount of cash, not, say your entire $20,000 credit line.

Finally, traveling cashless overseas means not trying to exchange money at banks and currency exchange stands. You don’t have to worry if you’re getting the best exchange rate because the banks are taking care of it for you and already get one of the best rates available.

What are your thoughts about cashless travel? Are you ready for it? What kinds of apps and strategies do you have to keep your wallet light, but still give you plenty of flexibility to see the world? Tell us about your ideas   on our Facebook page , or   on our Twitter stream . You can also find us on our   Instagram page at @TravelproIntl .

Photo credit:   ING Nederland (Wikimedia Commons, Creative Commons 2.0)

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Is Cashless Travel The Future Of Tourism?

20 April, 2020

We are bound to technology in a way humanity has never seen before. This affects everything we do, including trade and, more specifically, cash. With the rapid integration of digital payments and wallets in our daily lives, will cashless travel be the future of tourism?

T ourism Tourism has seen its fair share of changes in the industry – from the growing power of social media to the penchant for solo travel – all of which massively influence our behaviour. A recent, somewhat controversial drift has been making headway in the past decade or so: cashless payments. We gaze into a future of travel where the need for currency exchange and scouring for ATMs may no longer be necessary – and this future is much closer than we think. After all, the cashless economy is already integrated in everyday life. We use Oyster cards on the tube and enable Apple Pay on our phones. What’s more, in light of the current pandemic, some ATM machines are being closed or come with warnings that advise the public to avoid physical cash to reduce the spread of the virus. This raises questions around hygiene and the general cleanliness of using coins and notes which have been shared by many before – it’s an issue that seems more pressing now than ever.

The first contactless cards were issued in the UK in 2007 (with phone-enabled payments following soon after, linking bank cards to handheld devices), aligning our digital payment infrastructure with new technologies. Meanwhile, online shopping is more accessible than ever before. In Sweden in 2018, cash accounted for just two per cent of transactions, and predictions go that it will drop to just half a per cent by the end of 2020. There’s a growing market for cashless travelling, especially among jetsetters who no longer want to carry much more than their bank card and mobile phone on their journeys. Travellers can now book an entire trip abroad with just a few taps on a keyboard – the flights, the accommodation, even activities. Yet, like many technological advances booming quicker than we can blink, there are debatable aspects of a completely cashless society. As we move forward with technologies that eliminate the need for physical cash in our pockets, some parts of the travel industry could be hit hard.

The pros and cons of a cashless economy

Low-waste initiatives

Put simply: a cashless economy is a little greener. Printing physical banknotes and manufacturing coins use a great amount of electricity, energy and materials; by keeping everything digital, a cashless society would have a positive environmental impact and helps us protect Mother Earth.

Supporting local

It’s no guarantee that every destination will accept credit cards and online payments – especially outside metropolitan areas. Small, local businesses may not be able to afford the added expenses which come with digital payment systems, thus making it difficult for them to adapt to the rapid technological changes. Traditional artisanal stores or handicraft markets, many of which rely on tourists, may struggle to get on board and therefore suffer the most from cashless tourism.

Hassle-free travel?

It’s won’t come as a surprise for travellers that, in many countries, the tourist can be the target for pickpockets and conmen. Having something traceable, redeemable and block-able like a bank card can be better when it comes to protecting our money. Meanwhile, advances in face, voice and fingerprint technologies allow for transactions to arguably be more secure. Some banks and cards even offer special insurance policies for travelling which may cover issues with luggage, trip cancellations and accidents as well as rewards for spending – an added bonus.

A cashless society helps us to bid farewell to confusing mental equations around exchange rates and having to search for the nearest ATM machine on Google maps, too. It’s also worth asking whether anyone actually likes exchanging coins and cents after their holiday, or spending the last few dollars for the sake of it? Didn’t think so.

Privacy issues

How many times have we logged in our personal information into an online form? Data collection is an unprecedented issue in today’s society and it forces us to imagine a life where absolutely everything is recorded. It may not necessarily be a disastrous thing – data can be great should we need to keep records of money spent on trips and the like. Nevertheless, we put a lot of trust in those little screens. While digital security may protect us from pickpockets, scammers are also very much online. Controversy also lies in whether our spending records or online behaviour are used to target our purchasing power. When we rely so heavily on technology, we give away some of our control.

Today’s society has made it near impossible to function without an online presence in banking and monetary transactions. A cashless travel trend is on the rise as a result of advances in paper-free payments and online purchases. We need to ask how older generations and smaller businesses will cope and adapt to these changes in how we move and spend money. Yet there is a lot to be hopeful for, including less hassle when travelling and the ability to track our spendings. While many trends come and go, a cashless society is one that feels inevitable in our technology-driven future. E-wallets are here to stay, both at home and abroad.

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Are You Ready for Cashless Overseas Travel ?

Are you planning your next big trip abroad? One of the first items you’d usually check off your to-do list is converting your cash to the local currency. However, you may soon realize you don’t need much cash abroad at all.

As technology advances in the digital payment space, you’ll likely run into cashless communities while traveling. Cashless societies are becoming the new normal, and many countries, like Norway and Sweden, are likely to soon totally eliminate cash as a payment method.

If you’re planning a trip abroad, you’ll need to ensure you have the correct funds to travel in a cashless area. You don’t want to miss out on buying souvenirs, eating at restaurants, and enjoying all your cultural activities. Below is a list of everything you need to know about how to travel cashless overseas, so you can still have the trip of a lifetime.

Why Are Countries Going Cashless ? 

It’s becoming more common to see signs that read “No Cash Accepted” while traveling abroad. More and more countries are going cashless, meaning that food markets, clothing stores, hotels, and other businesses are forgoing cash as a payment method.

The ongoing pandemic helped usher this era along since contactless payments lower the risk of transferring germs. In fact, in 2020 nearly half of consumers preferred a contactless payment method. As technology advances, digital payments are becoming more secure and commonplace.

Sweden is leading the list of countries going cashless, and will likely eliminate cash by the end of 2023 to only accept digital payments. Cash transactions only accounted for 1% of Sweden’s GDP in 2019 , proving that cash has been on a stark decline the past few years.

However, in many areas of the world, not everyone has access to this technology, including some in the U.S. Many individuals are still underbanked or reliant on cash. Plus, the U.S. and other countries have laws that require businesses to accept cash as a form of payment.

So, before you travel to another country or region, do a little online research or talk to a travel agent about what forms of payment are accepted and not accepted.

How to Travel Cashless  

As you plan your trip abroad, there are many things you’ll need to prepare for your trip , including having money to spend! Keep reading to learn about all the ways to go cashless to guarantee a smooth and memorable trip.

Carry an international debit card

One of the most convenient ways to travel cashless is to get an international debit card. This card functions just like any other debit card, but many offer rewards and discounts on certain transactions too. Also, if you need cash in a pinch, this card allows you to withdraw money from ATMs abroad.

Get a prepaid travel card

Prepaid travel cards allow you to make purchases abroad without worrying about international transaction fees. Also, these cards are locked into a currency exchange rate, so you don’t have to worry about daily fluctuations. You’ll purchase the card before your trip and load it with funds up to the maximum amount allowed. You can also use it at ATMs, but there may be fees or withdrawal limits.

Carry a travel credit card  

Travel credit cards are very helpful if you’re a frequent traveler. They earn points for every dollar spent, and earn extra points attached to specific travel purchases. You can earn points towards flights, hotels, car rentals, and cash rewards. Travel credit cards also do not charge any international transaction fees, so you can use them freely without fees adding up.

Download & use a digital wallet app

There are many advantages of digital wallets, including its popularity worldwide. Since digital wallets have become the new normal across the world, you’ll likely see tap-and-go payment terminals everywhere. You’ll download a digital wallet app—like Apple Pay, Samsung Wallet, or Google Pay—which connects to your bank account, debit, or credit card. Then, just carry your phone and tap and pay at grocery stores, restaurants, and souvenir shops. Be aware though, unless you use a multicurrency digital wallet app or hook up your digital wallet to a credit card that doesn’t charge foreign transaction fees, you may still end up paying for currency conversion.

One added advantage, though, is that you can manage your money directly from your digital wallet app so you can monitor purchases and keep track of your spending more easily throughout your trip. This digital paper trail helps guarantee the funds in your account, in comparison, to cash getting stolen.

Pay with crypto

Cryptocurrencies, although still new, allow travelers to avoid several fees. Instead of dealing with your bank’s currency exchange rate or international fees, most cryptocurrencies don’t require any conversion at all. Crypto is not widely accepted across the world, but it is becoming more popular, so you may see it as a payment option at some modern stores and restaurants in certain areas of the world.

Transfer money ahead of time with Western Union

It doesn’t hurt to keep a little cash on hand while traveling, just in case! If you prefer money in your hand, then you can always send cash ahead of time, so it’s waiting for you in the local currency when you arrive. Through Western Union’s app , you can reliably send a money transfer to over 200 countries. You’ll be notified when your money arrives, and it will be waiting for you to pick it up at the Western Union agent location you choose near your destination.

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Foreign visitors to China can finally go cashless like locals

Great news for those traveling to China! You can finally enjoy the seamless, cashless payment experience that you may have heard about for years and avoid the awkward interaction of asking your local friends to pay and giving them paper money that they can’t spend anywhere.

This week, China’s two dominant mobile payment solutions, WeChat Pay and Alipay , announced that foreign users can now pay at Chinese retailers by linking their foreign credit cards, including Visa, Mastercard and Discover.

Previously, using WeChat Pay and Alipay in China required a local bank account, making it challenging for short-term visitors to use these payment methods. While paying has become breezier for those living in China, finding places that accept cash is now a headache for foreign visitors, as the two payments giants have largely replaced cash from metropoles to villages despite the government’s efforts to warn merchants against rejecting cash .

The development is thus a huge improvement in foreign visitors’ experience in China. Given Alipay and WeChat Pay are literally ubiquitous in both China’s online and offline retail spheres, foreign visitors may now be able to hail a Didi car, ride the subway, rent a shared bike, buy fruit from a grocer, order food delivery and even shop online for myriad Chinese e-commerce goods.

WeChat’s announcement provides useful details on what the setup looks like. To activate their WeChat wallets, foreign users will need to authenticate their identity by uploading their passports. Foreign phone numbers can be used for receiving verification codes.

Unfortunately, visitors won’t be able to try out the digitized Chinese hongbao custom, which involves sending or receiving digital versions of auspicious red envelopes filled with money. This feature was originally what drove WeChat’s early wave of mass adoption. Visitors also can’t conduct money transfers, which is unsurprising given China’s stringent control of capital flows across borders.

On WeChat, spending limits per transaction, month and year for foreign visitors are 6,000 yuan (around $835), 50,000 yuan and 60,000 yuan, respectively. Transaction fees are waived for payments under 200 yuan (around $28), and any amount above that charges a 3% fee. Exchange rates are based on the rates of the card organization and the issuing bank. 

The payments giants previously had plans to integrate with international bank cards, but those didn’t materialize. Hopefully, the regulatory approvals and infrastructure are ready this time. We will report back once we’ve tried it out on the ground.

China’s central bank digital currency takes a bigger place on WeChat’s platform

'Cash is king,' but it may not be accepted on your next vacation

Cash is king — or is it?

Frequent flyers know that cash was dethroned as a payment method for inflight purchases more than a decade ago. In fact, even credit cards have lost their in-air swiping privileges with some airlines in favor of entirely in-app payments.

There's no doubt that in recent years, more and more merchants, including sports stadiums and concert venues, have made the choice to go cashless, opting instead to accept only debit cards, credit cards and other electronic forms of payment.

It's to the point now where cash may not even be particularly welcome on your next vacation. From national parks to theme parks and beyond, the list of places that want your money, but not your cash, is only growing.

Related: These are the best credit cards for earning cash back

Which tourist attractions no longer accept cash?

Since last year, a string of national parks have announced that they will no longer accept cash for entrance and permit fees. The list of parks is getting longer by the day, with parks like Death Valley National Park and Rocky Mountain National Park planning to join the cash-free list June 1.

And now, Busch Gardens Williamsburg, Sesame Place Philadelphia and SeaWorld San Antonio announced they will also be going cashless beginning this month, joining the growing list of theme parks that don't want your cash either.

National parks and theme parks

More and more national parks are only accepting credit card or mobile payments for entrance, campground and permit fees. Check with the park you plan to visit before you leave to determine whether or not it accepts cash.

To give a flavor of how widespread this already is, here's a list of theme parks and amusement parks that no longer accept cash:

• Busch Gardens Williamsburg in Williamsburg, Virginia (beginning May 11).
• California's Great America in Santa Clara, California.
• Carowinds in Charlotte.
• Cedar Point in Sandusky, Ohio.
• Dutch Wonderland in Lancaster, Pennsylvania.
• Hersheypark in Hershey, Pennsylvania.
• Holiday World in Santa Claus, Indiana.
• Idlewild Park in Ligonier, Pennsylvania.
• Kennywood Park in West Mifflin, Pennsylvania.
• Kings Dominion in Doswell, Virginia.
• Kings Island in Mason, Ohio.
• Knott's Berry Farm in Buena Park, California.
• Lake Compounce in Bristol, Connecticut.
• SeaWorld San Antonio in San Antonio.
• SeaWorld Orlando in Orlando.
• Sesame Place Philadelphia in Philadelphia (beginning May 13).
• Silverwood Theme Park in Athol, Idaho.
• Valleyfair in Shakopee, Minnesota.

Airport check-in desks

Some airport check-in desks are also cashless . If you have purchased your ticket and paid for your checked baggage before arriving at the airport, this shouldn't cause an issue. But, if you need to pay for checked or overweight baggage at the airport and only have cash, you could be in a bit of a pickle if you don't have another way to pay.

Restaurants and hotels

While not as common, there are a handful of hotels and restaurants that will turn your cash away. The Hammock Beach Golf Resort & Spa in Palm Coast, Florida, for example, is a completely cashless property. All purchases made at the resort can either be charged to your room or paid with a credit card.

The Cartoon Network Hotel next to Lancaster's Dutch Wonderland also runs a cashless operation.

Train, bus and underground transportation

Certain train services, including Amtrak, have gone cashless on select routes. Once on board, you cannot use cash to purchase food, beverages or other goods. Many major cities have cashless payment options for public transit, but these are currently only a means of giving customers more payment options. And of course, there are train stations where the only way to buy your tickets is via an app or kiosk.

Related: The best credit cards for train travel

Why are businesses going cashless?

Although some businesses are just now banning cash payments altogether, cashless payment methods have been prevalent for decades.

If you've ever used a MagicBand at Walt Disney World or Disneyland to pay for a meal or souvenir or used a credit card to purchase public transit tickets from a kiosk, you're already playing the cashless game.

Cashless payments are still optional at many businesses, but spots that have shifted to being 100% cashless cite safety, security and speed as the driving forces behind the change.

When Cedar Point announced in September 2021 that it would go cashless starting with the 2022 season, Cedar Fair spokesperson Gary Rhodes told Spectrum News 1 , "There are plenty of benefits, both for guests and our parks ... Guests can spend less time in the check-out waiting on change and more time hitting up their favorite rides or other attractions."

The less time customers spend waiting in line at a theme park, the better their overall experience and the more likely they are to return again and again (with their credit card in hand, of course).

Cashless payment systems are also safer and more efficient for theme parks and their employees. The absence of cash eliminates the opportunity for theft and frees up time that would have otherwise been spent handling cash.

Handling cash can also carry a hefty cost for businesses. Death Valley National Park, for example, collected $22,000 in cash fees in 2022 . Between counting money, processing paperwork and armored car transportation, it cost $40,000 – almost double that amount – to process that cash. Now, the National Park Service can use those funds to directly benefit park visitors.

For other businesses, safety is at the forefront of their decision to go cashless. Gringo's Mexican Kitchen, a restaurant in Cypress, Texas, made the decision to go cashless after enduring four robberies in a 12-month period, according to ABC13 .

Chicago-based hot dog chain Portillo's went cashless at its drive-thrus at all 71 locations earlier this year to provide faster, smoother service and a safer environment for its team members, according to the Chicago Sun-Times .

And though they may not want to admit it, theme parks know guests are likely to spend more when using cashless methods instead of cold, hard cash.

Think about it. If you have to take the time to count out $50 in cash for a Mickey Mouse T-shirt, you have enough time to second-guess whether that is an acceptable amount to pay for a souvenir. When all you have to do is tap your MagicBand or swipe your credit card, you are much more likely to make even the most impulsive of purchases.

What payment types do cashless merchants accept?

Some businesses may not want your cash, but they certainly want your money.

The businesses listed above that no longer take cash still accept a variety of payment methods. You can often buy tickets and make other purchases with a physical debit card or credit card, and most accept contactless payments through virtual wallet apps like Apple Pay and Google Pay .

Some, including many theme parks, offer their own payment systems, like RFID-enabled wristbands or in-app mobile wallets, like Universal Orlando's Universal Pay system.

What happens if you show up with cash?

Don't fret if you show up at a cashless business sans credit card or mobile-based payment method. In order to make the transition as simple as possible, many spots have what are called "reverse ATM machines."

Rather than spitting out cash when you enter your debit card, these "cash-to-card" kiosks convert your cash into a prepaid debit card you can use to make purchases. At most destinations, these prepaid debit cards can be used to make purchases anywhere prepaid debit cards are accepted.

Related: The best credit cards for Universal vacations

There is no fee for using these cash-to-card kiosks, but some will deduct a monthly fee from your card if you do not make any transactions on the card within an allotted amount of time (usually 90 days).

Some national parks, including Rocky Mountain National Park , allow guests to purchase prepaid passes using cash at select visitor centers.

If you find yourself or your kids in need of a cash alternative while you are traveling and a cash-to-card kiosk isn't available, many stores sell gift cards and prepaid debit cards that you can purchase with cash.

Related: The best credit cards for your Disney vacation

Even if you are among those who already rarely use cash on vacation, you may still keep some on hand for emergencies or to use for tipping valets, hotel housekeeping staff or restaurant servers, which is still largely done using cash.

Bottom line

While cash is still alive and well at most businesses, it is on life support at others, if you will. With more electronic payment options coming onto the scene and more businesses adopting them in lieu of cash, it could be only a matter of time before more major players go cashless, too.

Even if you still choose to use cash where you can, it's in your best interest to familiarize yourself with these cashless payment methods before your next vacation. Before you know it, they may be your only choice.

Related reading:

• The best airline credit cards
• The best travel credit cards
• The best hotel credit cards
• Cash back vs. travel rewards points: How to choose a credit card
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Imagine the possibility of having one App & Service, that can pay for goods and services, open your hotel room door or be your ticket for at an Event.

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So you are going travelling. You don't know how much money to take - No problem. You can top up your account from anywhere without the need to transfer money or go through expensive use of your card with fees while away.

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There is a growing list of Bars, Restaurants and other favorite locations that are using wcashless. Use wherever you see the wPay sign.

Find wcashless in use at many Events & Festivals.

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Our App & Wallet will always help you know your balance, see your transactions and top-up or get refunds wherever you go.

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The future of cashless travel & events is here.

We have developed a cashless payment system for travelers. You will find an increasing number of bars, restaurants, small businesses and events that are using our wcashless  in their establishments.

No longer the need to transfer cash, incur credit card fees or wait in line at that ATM.

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• Banking Basics

The Pros and Cons of a Cashless Society

What do we gain and lose when cash is no longer king?

What Is a Cashless Society?

Benefits of a cashless society.

• Disadvantages of a Cashless Society
• What Does Cashless Look Like?

Examples of Cashless Societies

The bottom line, frequently asked questions (faqs).

The Balance / Caitlin Rogers

A cashless society might sound like something out of science fiction, but it's on its way. Many present-day financial practices and transactions already happen without cash, and many financial institutions, service companies, and even governments are proponents of the shift.

Key Takeaways

• Many countries are moving towards a cashless society, in which all financial transactions are electronic.
• In addition to simply eliminating the costs and hassles of managing currency, going cashless may also reduce certain types of crime.
• The downsides of going cashless include less privacy, greater exposure to hacking, technological dependency, magnifying economic inequality, and more.
• Credit and debit cards, electronic payment apps, mobile payment services, and virtual currencies in use today could pave the way to a full cashless society.

A cashless society is one where cash—paper and coin currency—isn't used for financial transactions. Instead, all transactions are electronic, using debit or credit cards or payment services like PayPal, Zelle, Venmo, and Apple Pay . Many countries are moving in this direction, but it's difficult to tell which ones will eliminate cash altogether.

In addition to logistical challenges, several social issues need to be addressed before a society can give up on cash entirely.

The benefits and disadvantages below can give you an idea of the myriad of effects going cashless can have on money and banking as you know it.

Reduced crime rates without tangible money to steal

Digital paper trail, and less money laundering

Less time and cost associated with handling, storing, and depositing paper money

Easier currency exchange while traveling internationally

Exposes your personal information to a possible data breach

No alternative source of money in the case of technical issues or hacker activity

Technological learning curve

Lack of control over spending without a physical reminder

Those with the technological ability to take advantage of a cashless society will likely find that it's more convenient. As long as you have your card or phone, you have instantaneous access to all your cash holdings. Convenience isn't the only benefit. Here are some other benefits.

Lower Crime Rates

Carrying cash makes you an easy target for criminals. Once the money is taken from your wallet and put into a criminal's wallet, it'll be difficult to track that cash or prove that it's yours. One study by American and German researchers found that crime in Missouri dropped by 9.8% as the state replaced cash welfare benefits with Electronic Benefit Transfer (EBT) cards.

Automatic Paper Trails

Similarly, financial crime should also dry up in a cashless society. Illegal transactions, such as illegal gambling or drug operations, typically use cash so that there isn't a record of the transaction and the money is easier to launder. Money laundering becomes much harder if the source of funds is always clearly identifiable. It is harder to hide income and evade taxes when there's a record of every payment you receive.

Cash Management Costs Money

Going cashless isn't just convenient. It costs money to print bills and mint coins. Businesses need to store the money, get more when they run out, deposit cash when they have too much on hand, and in some cases, hire companies to transport cash safely. Banks hire large security teams to protect branches against physical bank robberies. Spending time and resources moving money around and protecting large sums of cash could become a thing of the past in a cashless future.

International Payments Become Much Easier

When you travel, you may need to exchange your dollars for local currency. However, if you're traveling in a country that accepts cashless transactions, you don't need to worry about how much of the local currency you'll need to withdraw. Instead, your mobile device handles everything for you.

Disadvantages of a Cash-Free World

Depending on your perspective, going cashless might be more problematic than beneficial. Here are some of the major downsides associated with a cashless financial system.

Digital Transactions Sacrifice Privacy

Electronic payments aren't as private as cash payments. You might trust the organizations that handle your data, and you might have nothing to hide. However, the more information you have floating around online, the more likely it is to wind up in malicious hands. Cash allows you to spend money and receive funds anonymously .

Cashless Transactions Are Exposed to Hacking Risks

Hackers are the bank robbers and muggers of the electronic world. In a cashless society, you're more exposed to hackers. If you are targeted and somebody drains your account, you may not have any alternative ways to spend money. Even if you're protected under federal law, it will still be inconvenient to restore your financial standing after a breach.

Technology Problems Could Impact Your Access to Funds

Glitches, outages, and innocent mistakes can also cause problems, leaving you unable to buy things when you need to. Likewise, merchants have no way to accept payments when systems malfunction. Even something as simple as a dead phone battery could leave you "penniless," in a sense.

Economic Inequality Could Become Exacerbated

Unless special outreach efforts are made, the poor and unbanked will likely have an even harder time in a cashless society. If smartphone purchases become the standard way to transact, for example, those who can't afford smartphones will be left behind. The UK is experimenting with contactless ways to donate to charities and homeless individuals, but these efforts may not be developed enough yet to substitute cash donations.

Payment Providers Could Charge Fees

If society is forced to choose from just a few payment methods, or if one app becomes the standard payment app, the companies who develop these services might not offer them for free. Payment processors may cash in on the high volumes by imposing fees, which would eliminate the savings that should come from less cash handling.

The Temptation To Overspend May Increase

When you spend with cash, you recognize the financial impact by physically taking the cash out of your pocket and giving it to someone else. With electronic payments, on the other hand, it's easy to swipe, tap, or click without noticing how much you spend. Consumers may have to rethink the ways they manage their spending.

Negative Interest Rates Could Be Passed Onto Customers

When all money is electronic, negative interest rates could have a more direct effect on consumers. Countries like Denmark, Japan, and Switzerland have already experimented with negative interest rates.

Dropping the interest rate is typically a move to stimulate an economy, but the result is that money loses purchasing power.

According to the International Monetary Fund, negative interest rates reduce bank profitability, and banks could be tempted to hike fees on customers to make up that deficit. Banks are limited in their ability to pass on those costs because customers can simply withdraw their cash from the bank if they don't like the fees. In the future, if customers can't withdraw cash from the bank, they may have to accept any additional fees.

What Does a Cashless Society Look Like?

Without cash, payments happen electronically. Instead of using paper and coins to exchange value, you authorize a transfer of funds from a bank account to another person or business. The logistics are still developing, but there are some hints as to how a cashless society might evolve.

• Credit and debit cards : Cards are among the most popular cash alternatives in use today, but cards alone might not be enough to support a 100% cashless society. Mobile devices could become a primary tool for payments instead.
• Electronic payment apps : Apps like Zelle , PayPal, and Venmo are helpful for person-to-person payments ( P2P payments ). In addition, bill-splitting apps allow friends to split their bills easily and fairly. Fintech companies like Stripe, Adyen, and Fiserv support business-to-consumer (B2C), business-to-business (B2B), or what they now merge into account-to-account (A2A) online payments in a reliable and speedy fashion.
• Mobile payment services : These services, along with mobile wallets like Apple Pay, provide secure, cash-free payments. Many nations that use cash sparingly have already seen mobile devices become common tools for payments.
• Virtual currencies : Cryptocurrency is already part of the discussion. Crypto is used for money transfers, and it introduces competition and innovation that may help keep costs low. However, there are risks and regulatory hurdles that make cryptocurrencies impractical for most consumers, so they might not yet be ready for widespread use.

Several nations are already making moves to eliminate cash, with the push coming from both consumers and government bodies. Sweden and India are two notable examples with two different outcomes.

It's not uncommon to see signs that say, "No Cash Accepted" in Swedish shops. According to the European Payments Council, cash transactions accounted for just 1% of Sweden's GDP in 2019, and cash withdrawals have been steadily declining by about 10% per year. Consumers are mostly happy with this situation, but those who struggle to keep up with technological developments continue to rely on cash.

Sweden is gearing up to become the first cashless nation in the world, with an economy 100% digital by 2023.

The Indian government banned 500 and 1,000 rupee notes in November 2016 in an effort to catch criminals and those working in the informal economy. The implementation was controversial, in part, because these notes made up 86% of currency in circulation. However, criminals weren't punished for hoarding untraceable cash, which had been the intent of the move.

The Economic Times cited the Reserve Bank of India as it reported that electronic transactions had increased temporarily, but cash returned to pre-demonetization levels by the end of 2017.

While these two examples had varying levels of success, both countries struggled to address how the marginalized would fare in a 100% cashless society.

With the many technological and societal moves towards digital and virtual financial transactions, cash currency is becoming less and less common. However, the shift to a fully cashless society has many potential drawbacks, and only time will tell whether cash holds a special niche.

What happens to the cash in circulation if a society goes cashless?

Most countries have a department within their governing body that regulates the printing and distribution of currency, as well as its destruction. In the U.S., the Federal Reserve has the power to issue money, but the actual printing (and yes, shredding, too), is handled by the Bureau of Engraving and Printing within the Treasury Department.

Who wants a cashless society?

A cashless society would primarily benefit certain businesses. While some individuals prefer using debit and credit to cash for convenience, businesses benefit from processing fees when consumers use their apps and services to send and receive payments. Handling cash is also expensive, so moving to cashless payments will also save businesses money and make transactions easier to track.

U.S. House Financial Services Committee. " Touchless Transactions Act of 2020 ."

European Payments Council. " Sweden: Cashless Society and Digital Transformation ."

Institute for the Study of Labor. " Less Cash, Less Crime: Evidence From the Electronic Benefit Transfer Program ," Page 2.

United States Mint. " 2020 Biennial Report to the Congress ," Page 3.

Board of Governors of the Federal Reserve System. " How Much Does It Cost To Produce Currency and Coin? "

The White House. " Executive Order on Ensuring Responsible Development of Digital Assets ."

Federal Trade Commission. " Data Breach Response: A Guide for Business ."

TAP London. " What is TAP London? "

Greater Change. " Fund a Person's Path Out of Homelessness ."

Consumer Financial Protection Bureau. " Helpful Tips for Using Mobile Payment Services and Avoiding Risky Mistakes ."

S&P Dow Jones Indices. " Where Inflation and Interest Rates Intersect ," Page 2.

International Monetary Fund. " Back to Basics: How Can Interest Rates Be Negative? "

Internal Revenue Service. " Virtual Currencies ."

Knowledge at Wharton. " Going Cashless: What Can We Learn from Sweden's Experience? "

U.S. Department of State. " 2017 Investment Climate Statements: India ."

The Economic Times. " A Year After Note Ban, Cashless Economy Is Still a Distant Dream ."

Bureau of Engraving and Printing. " About the BEP ."

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U.S. Park Service Says to Leave Your Cash at Home, but Some Object

Complaints have been mounting on social media, and now a group has filed a lawsuit, as the service has continued rolling out policies against accepting cash to enter federal parks.

By Christine Hauser

At dozens of national parks and historic sites around the United States, getting away from it all to revel in the country’s wide open spaces has taken on a whole new meaning.

Leave your dollars and coins behind, too.

The National Park Service is continuing to convert dozens of its sites across the country to cashless payments only, drawing complaints and, now, a lawsuit.

Starting in June last year, visitors to Rocky Mountain National Park in Colorado were told that they could not use cash to enter the park or use its campgrounds. The negative reactions were swift, with visitors raising privacy concerns and expressing confusion about why the American dollar would not be welcome in the U.S. parks system. Some noted that not everyone has credit or debit cards.

“The National Parks belong to the citizens,” wrote one person, among dozens who complained about the decision on the site’s Facebook page . “If we want to use legal tender then we should.”

“So now R.M.N.P. is becoming like Walmart self-checkout,” another wrote under the park’s announcement, which later stopped accepting comments and directed people to official channels.

The park service has been rolling out the policy for several years . In 2019, the service announced that it would only accept credit cards, debit cards and special park passes at Pipe Spring National Monument in Arizona. Similar changes came to Little Bighorn Battlefield National Monument in Montana, then Death Valley National Park in California, and this month, Hovenweep National Monument in Colorado and Natural Bridges National Monument in Utah, will go cashless. (At many sites, annual passes can still be purchased with cash.)

In January, the Lake Mead National Recreation Area near Las Vegas also moved to a cashless system, and reactions on the park’s forum were so testy that moderators issued reminders to keep it family-friendly.

“I really don’t see this as an improvement in customer service,” wrote a man , who said he was a former firefighter. “No, everyone doesn’t have plastic. And if they do, maybe they don’t want to be traced everywhere they go. Maybe they don’t want to leave a paper trail. Maybe their card is maxed out. Maybe they don’t want their significant other to know where they are.”

And he asked, “since when is legal currency not suitable for use for payments?”

The park service said it wanted to reduce risk and the time employees spend managing cash, as well as increase revenue and accountability. At the Death Valley and Nevada parks, for example, rangers collected $22,000 in cash, which ended up costing over $40,000 in handling costs when factoring in the use of an armored car and time spent counting money and processing paperwork.

Of the more than 400 national parks, 108 charge an entrance fee, and most of the parks that have converted to cashless collection have had an “overwhelmingly positive experience,” the park service says in a statement on its website.

But now the complaints are the subject of a lawsuit filed on March 6 in U.S. District Court in the District of Columbia, asserting that the service’s policies violate federal law defining cash as “legal tender” and the visitors’ “lawful right to pay in cash” at national sites, including those without bank accounts or cards or those who simply prefer to pay cash.

In addition to the park service, its director, Charles F. Sams, III, and the Department of the Interior were named as defendants. A spokeswoman for the parks service, Cynthia Hernandez, said on Thursday that it does not comment on pending litigation.

“N.P.S. cashless is contrary to law since American money is not accepted as legal tender to visit the nation’s treasures,” the filing said.

The suit is seeking a declaratory judgment.

One of the three plaintiffs, Toby Stover, a New York woman, drove to Hyde Park, N.Y., in January to visit the historic home of Franklin D. Roosevelt, according to the lawsuit. At the gate, a man in a National Park Service uniform asked if she was there for the 3:30 p.m. tour. She said yes, but was not allowed to enter after trying to pay $10 in cash, the filing said.

Esther van der Werf, who lives in California, is also identified as a plaintiff. In January and February, while planning trips to Saguaro National Park, Organ Pipe Cactus National Monument and Tonto National Monument, all in Arizona, Ms. van der Werf was told she could not pay in cash, the lawsuit said. And a Georgia woman who is also a plaintiff, Elizabeth Dasburg, was told that she could not use cash to enter Fort Pulaski National Monument in Georgia, the suit said.

The plaintiffs’ lawyer, Ray L. Flores, II, said in an emailed reply to questions that the legal action is being financially backed by the Children’s Health Defense, a nonprofit founded by Robert F. Kennedy Jr. that has pursued legal action against pandemic mandates and been criticized for spreading disinformation about Covid-19 vaccines.

Mr. Flores said in the email that cashless policies were “a key component — if not the linchpin — of the surveillance state.” He said that he had advised the plaintiffs not to respond to interview requests.

The group’s general counsel, Kim Mack Rosenberg, said the organization was supporting the action “to push back against the move toward a cashless society and central bank digital currency .”

According to the Federal Reserve, there is no federal statute that says a private business, person, or organization must accept currency or coins.

Christine Hauser is a reporter, covering national and foreign news. Her previous jobs in the newsroom include stints in Business covering financial markets and on the Metro desk in the police bureau. More about Christine Hauser

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Home > Blog > Product > Card for Travel: Maximising Convenience with Cashless Travel From India

Card for Travel: Maximising Convenience with Cashless Travel From India

Travelling light and cashless has become the mantra the modern generation lives by. With the advances in fintech, everyone increasingly realises the benefits of plastic and digital money, not to mention the savings that add up along the way. In recent years, cashless payment systems have become extremely popular, reliable, seamless, accessible, and easy to use.

You no longer have to carry cash. Also, there are no longer lengthy queues for exchanging travellers’ cheques or currency. There are plenty of ways to travel cashless , including international credit or debit cards, forex cards, e-wallets, etc.

Benefits of Travelling Cashless

Zero forex charges for significant savings:.

• Niyo Global offers a zero forex markup , resulting in substantial savings compared to the usual 3-5% fees incurred with other international travel cards .
• The card ensures that currency conversions occur in real-time at competitive Visa exchange rates without imposing additional charges, making it a cost-effective choice for international travel.

Earn Interest on Unused Balance, Enhancing Financial Returns:

• Niyo Global introduces a unique advantage where only the necessary amount for a transaction is converted, allowing the remaining balance to continue earning interest.
• With the integration of a high-interest savings account, you can benefit from monthly interest payouts, adding an extra layer of financial gain during their overseas trips.

Travel Cashless with Global Acceptance:

• Niyo Global’s extensive acceptance at VISA-authorised merchants across 150+ countries significantly reduces the reliance on carrying physical currency and helps you travel without cash .
• The card not only provides the convenience of a cashless travel experience but also extends perks such as free access to airport lounges and eliminates forex markups when exchanging regional currency for foreign currency.

Accessible Global ATMs for Flexibility:

• Niyo Global enhances flexibility by providing a handy in-app ATM Locator, ensuring easy access to nearby ATMs worldwide.
• You can withdraw local currency as needed, mitigating the inconvenience and risk of carrying excessive cash.

Robust Safety and Security Features:

• Prioritising the security of funds, Niyo Global introduces Lock/Unlock options, giving you control over individual payment channels for both domestic and international transactions.
• The Niyo Global card offers a secure financial experience by incorporating advanced technology such as Chip and PIN, contactless payments, and a Block option for lost or stolen cards.
• Furthermore, the account is insured for up to 5 lakhs under the “Deposit Insurance and Credit Guarantee Corporation (DICGC),” providing an additional layer of protection.

Efficient Real-time Money Management:

• Niyo Global’s integrated app serves as a powerful tool for managing finances in real-time, regardless of your location.
• The integrated app lets you keep track of your money in real time from anywhere in the world:
• Instant transaction notifications
• In-app currency converter to check your transaction amount even before you pay
• In-app ATM Locator to find ATMs near you across the globe
• Transaction history in local currency for clarity
• Reset PIN on the go
• Lock/Unlock/Block card for added safety
• Adjust limits for individual payment channels

Travel Comfortably with Complimentary Lounge Access:

• Niyo Global goes beyond just financial benefits, offering an elevated travel experience with free airport lounge access .
• Lounge access not only enhances comfort during your layovers but also adds a touch of luxury to the overall travel experience, making Niyo Global the preferred choice for you.

Frequently Asked Questions

You can typically check your travel card balance online, through a mobile app, or by calling the card’s customer service number. Some cards also provide SMS alerts for transactions.

There is typically a maximum limit for loading funds onto a travel card, which varies by issuer and type of card. Be aware of these limits when planning your travel expenses.

You can use your travel card to book flights, hotels, and other travel-related expenses online, provided it has sufficient funds in the required currency.

Age requirements for travel cards can vary by issuer and region. Some cards may have minimum age limits, while others may be available to individuals of all ages. Check with the card issuer for eligibility criteria.

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Old National Events Plaza going into a cashless future

H ENDERSON, Ky. (WEHT) – Officials say in a move to enhance efficiency, safety and convenience, Old National Events Plaza will transition to a cashless payment system, effective April 1.

“We are excited to announce our transition to a fully cashless venue,” said Nick Wallace, General Manager at Old National Events Plaza. “Going cashless not only aligns with consumer preferences but reinforces our responsibility to provide a safe and efficient environment for all visitors. The decision strengthens our dedication to delivering exceptional experiences.”

Old National Events Plaza says the benefits of a cashless system extend beyond streamlining operations. Officials say patrons will enjoy faster transaction times, less wait time and greater flexibility in payment methods. Officials say each touchpoint in the customer’s journey from buying tickets to partaking in culinary services will require a cashless payment device. The venue accepts all major digital forms of payment, including debit and credit cards, Apple Pay, Google Pay and tap services.

Old National Events Plaza says it will provide support to assist patrons throughout the implementation process in the coming months. Signage will notify guests of the cashless policy and onsite staff will be readily available to guide visitors through payment procedures and address any questions or concerns.

For the latest news, weather, sports, and streaming video, head to Eyewitness News (WEHT/WTVW).

LA Times Today: What’s in your wallet? Hundred dollar bills are most popular in the nation

Watch l.a. times today at 7 p.m. on spectrum news 1 on channel 1 or live stream on the spectrum news app. palos verdes peninsula and orange county viewers can watch on cox systems on channel 99..

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Mayor adams clashes with ‘woke’ defense lawyer who downplayed officer diller’s murder.

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Mayor Eric Adams took aim at a woke criminal defense lawyer who downplayed the murder of Police Officer Jonathan Diller as a “rare occurrence” — and instead focused on cops who have “killed” citizens.

Olayemi Olurin, a self-described “movement” lawyer and “abolitionist thinker,” appeared with Adams on iHeartMedia’s “The Breakfast Club” with hosts Charlamagne Tha God and DJ Envy in a segment that aired on Friday morning.

Olurin began by labeling Adams a “fearmonger” — as she defended the controversial cashless bail law, arguing that most freed defendants aren’t rearrested.

“I’m not talking about bail,” Adams shot back.

“In the same breath that you want to sensationalize, we want to highlight and point out how an officer was killed the other day, which is a rare occurrence across the United States but let alone in New York, New York police officers have killed at least seven people this year, including a 19-year-old,” Olurin said.

She was referring to a 19-year-old man experiencing a “mental crisis” who was shot dead by NYPD cops when he allegedly charged at them with a pair of scissors inside a Queens apartment Wednesday afternoon.

Adams appeared taken aback that Olurin minimized Diller’s death.

“I’m not going to dismiss the loss of a life of an innocent person that wears a uniform,” Adams said.

“But you do the 31 people that died at Rikers,” said Olurin.

There have been three deaths at the Rikers Island jail complex this year and 25 combined in the prior two years.

What to know about the fatal shooting of NYPD Officer Jonathan Diller:

• Diller, 31, was shot and killed during a routine traffic stop in Far Rockaway, Queens, on March 25, 2024.
• Suspect Guy Rivera opened fire on Diller on Monday evening after the cop approached the vehicle Rivera was in for parking in front of a bus stop.
• Diller was shot once in the stomach below his bulletproof vest. The married father of a 1-year-old boy was rushed to Jamaica Hospital, where he was later pronounced dead.
• Rivera was wounded when Diller’s partner returned fire. The suspect has 21 prior arrests and was found to have a shiv stored in his rectum during the shooting — in apparent anticipation of being sent to jail again.
• Lindy Jones, the ex-con behind the wheel of the car during the shooting, was also arrested after a second gun was found in his car.
• Mayor Eric Adams has renewed his calls for Albany to address criminal recidivism following the shooting involving two suspects with lengthy criminal records.

Follow The Post’s complete coverage of fallen NYPD Officer Diller’s wake

Adams then suggested that Olurin might want to walk back what could be perceived as an insensitive comment regarding Diller’s fatal shooting during a traffic stop in Queens Monday evening, allegedly at the hands of 34-year-old career criminal Guy Rivera.

“I don’t want to take you out of context and I don’t want people to all of a sudden criticize that you’re being dismissive of a young man being shot and killed,” the mayor said.

But the lawyer doubled down.

“Mayor Adams, that’s not gonna work on me,” Olurin said.

How Post readers can help

You can help Officer Jonathan Diller’s 1-year-old son via the Silver Shield Foundation, which will help fund his future education. Diller, 31, was shot and killed during a traffic stop in Queens, leaving behind his wife, Stephanie, and baby Ryan.

The Silver Shield Foundation was launched in 1982 by late New York Yankees owner George Steinbrenner for the families of NYPD officers and FDNY firefighters who lose their lives in the line of duty.

You can make a contribution at  silvershieldfoundation.org/donate  or send it to: Silver Shield Foundation, 870 UN Plaza, 1st Floor, New York, NY 10017.

“Listen, I’m not trying to work anything on you. I lost a member of the police department. The same way I go to see a mother of an 11-month-old baby that was shot in the head when I first became mayor and I sat in the hospital with her, the same way I go visit these mothers that lose their children to gun violence, I go see them,” Adams responded.

“Now, do you do that?” he asked his critic.

Olurin claimed the mayor doesn’t visit the families of inmates who died at Rikers. As a Legal Aid lawyer, Olurin said, she has represented many defendants who were inmates at the notorious jail.

“You went to visit the family member of a slain officer?” Adams asked.

When Olurin said no, Adams responded, “Of course you didn’t.”

Elsewhere in the tense on-air exchange, Olurin took Adams to task for saying “repeatedly that the subways are dangerous, that New York is dangerous; you complain about crime relentlessly,” she said.

The lawyer called on Adams to reconcile his oft-repeated stance that New York City is one of the safest big cities in the country with how Hizzoner’s rhetoric around transit crime has played on people’s fears.

“Is it safe, or is it not?” she demanded.

Charlamagne Tha God backed Olurin, telling Adams that his decision to put an additional 2,000 cops into the subway stations makes New Yorkers “think something’s wrong.”

Adams pushed back, claiming he’s heard from commuters that seeing more uniformed officers in the subways makes them feel safer.

“Now you may say, ‘Eric, I don’t want to see a visible presence of uniformed officers.’ And that’s cool. That’s not what the overwhelming number of New Yorkers are saying,” he said.

The wide-ranging, often contentious discussion also touched on the migrant crisis roiling the city, with Adams defending his administration’s decision to offer asylum seekers prepaid debit cards to buy food as a way to save money for the city, in light of the federal government’s reluctance to provide the necessary funds.

The mayor argued that his hands were tied, given that he does not have the authority to turn away migrants, deny them food and housing, or deport them to their home countries.

“People got a right to be pissed off,” Adams said.

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Moscow Metro – Part 2

Have you been to Moscow ? In all seriousness, they have the prettiest metro stations I have ever seen and I still can’t believe how immaculate and lovely every station was. There are several different stations pictured below and this is the second of several posts where I will show you the beauty of the Moscow Metro. Did you see part 1 ?  There really isn’t much to say because I think the pictures speak for themselves. I have so many more pictures to share with you!

Have you ever been to Moscow? Is it someplace you have thought about visiting?

She speaks fluent English, French and Spanish, and works for a major airline. And guess what? She’s also a licensed elementary teacher and has an MBA.

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Bank Negara records RM11.5bil in cashless transactions in 2023

Wednesday, 27 Mar 2024

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Bank Negara: Malaysia records 11.5bil e-payment transactions in 2023

Bank negara committed to ensure malaysia's financial system remains resilient, fmm lauds bank negara's call for corporate bodies, investors to ensure more foreign exchange inflow.

KUALA LUMPUR: Bank Negara Malaysia recorded a total of RM11.5bil in cashless payment transactions last year thanks to the availability of 4G and 5G coverage and internet services throughout the country, the Senate was told on Wednesday (March 27)

Deputy Digital Minister Datuk Wilson Ugak Umbong, said that this figure shows an increase from RM9.5bil in 2022 and RM7.2bil in 2021.

"The Ministry will continue to collaborate with various parties in encouraging entrepreneurs to adopt cashless payment methods in line with technological advancements.

"In this regard, Bank Negara is the leading agency in promoting the use of e-payments among consumers and businesses to facilitate easy and secure digital transactions,” he said when winding up the debate on the motion of thanks for the Royal Address on Wednesday.

Through the Jendela initiative previously implemented by the Ministry of Communications, Wilson said 4G network coverage is being expanded throughout the country so that 100 per cent coverage in populated areas (CoPA) can be achieved by 2025.

He said Digital Nasional Berhad (DNB) will also complete 7,509 5G sites nationwide to further increase 5G access.

With a 100% CoPA for 4G networks achieved and the completion of the 7,509 5G sites, it is hoped that the adoption of digital payments, especially among small entrepreneurs, will be able to be expanded throughout the country, he added.

Tags / Keywords:  Bank Negara Malaysia , Digital Ministry , Wilson Ugak , e-payment , cashless

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40 facts about elektrostal.

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

• Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
• With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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Claudia Looi

Touring the Top 10 Moscow Metro Stations

By Claudia Looi 2 Comments

Komsomolskaya metro station looks like a museum. It has vaulted ceilings and baroque decor.

Hidden underground, in the heart of Moscow, are historical and architectural treasures of Russia. These are Soviet-era creations – the metro stations of Moscow.

Our guide Maria introduced these elaborate metro stations as “the palaces for the people.” Built between 1937 and 1955, each station holds its own history and stories. Stalin had the idea of building beautiful underground spaces that the masses could enjoy. They would look like museums, art centers, concert halls, palaces and churches. Each would have a different theme. None would be alike.

The two-hour private tour was with a former Intourist tour guide named Maria. Maria lived in Moscow all her life and through the communist era of 60s to 90s. She has been a tour guide for more than 30 years. Being in her 60s, she moved rather quickly for her age. We traveled and crammed with Maria and other Muscovites on the metro to visit 10 different metro stations.

Arrow showing the direction of metro line 1 and 2

Moscow subways are very clean

To Maria, every street, metro and building told a story. I couldn’t keep up with her stories. I don’t remember most of what she said because I was just thrilled being in Moscow.   Added to that, she spilled out so many Russian words and names, which to one who can’t read Cyrillic, sounded so foreign and could be easily forgotten.

The metro tour was the first part of our all day tour of Moscow with Maria. Here are the stations we visited:

1. Komsomolskaya Metro Station  is the most beautiful of them all. Painted yellow and decorated with chandeliers, gold leaves and semi precious stones, the station looks like a stately museum. And possibly decorated like a palace. I saw Komsomolskaya first, before the rest of the stations upon arrival in Moscow by train from St. Petersburg.

2. Revolution Square Metro Station (Ploshchad Revolyutsii) has marble arches and 72 bronze sculptures designed by Alexey Dushkin. The marble arches are flanked by the bronze sculptures. If you look closely you will see passersby touching the bronze dog's nose. Legend has it that good luck comes to those who touch the dog's nose.

Touch the dog's nose for good luck. At the Revolution Square station

Revolution Square Metro Station

3. Arbatskaya Metro Station served as a shelter during the Soviet-era. It is one of the largest and the deepest metro stations in Moscow.

Arbatskaya Metro Station

4. Biblioteka Imeni Lenina Metro Station was built in 1935 and named after the Russian State Library. It is located near the library and has a big mosaic portrait of Lenin and yellow ceramic tiles on the track walls.

Lenin's portrait at the Biblioteka Imeni Lenina Metro Station

5. Kievskaya Metro Station was one of the first to be completed in Moscow. Named after the capital city of Ukraine by Kiev-born, Nikita Khruschev, Stalin's successor.

Kievskaya Metro Station

6. Novoslobodskaya Metro Station  was built in 1952. It has 32 stained glass murals with brass borders.

Novoslobodskaya metro station

7. Kurskaya Metro Station was one of the first few to be built in Moscow in 1938. It has ceiling panels and artwork showing Soviet leadership, Soviet lifestyle and political power. It has a dome with patriotic slogans decorated with red stars representing the Soviet's World War II Hall of Fame. Kurskaya Metro Station is a must-visit station in Moscow.

Ceiling panel and artworks at Kurskaya Metro Station

8. Mayakovskaya Metro Station built in 1938. It was named after Russian poet Vladmir Mayakovsky. This is one of the most beautiful metro stations in the world with 34 mosaics painted by Alexander Deyneka.

Mayakovskaya station

One of the over 30 ceiling mosaics in Mayakovskaya metro station

9. Belorusskaya Metro Station is named after the people of Belarus. In the picture below, there are statues of 3 members of the Partisan Resistance in Belarus during World War II. The statues were sculpted by Sergei Orlov, S. Rabinovich and I. Slonim.

10. Teatralnaya Metro Station (Theatre Metro Station) is located near the Bolshoi Theatre.

Teatralnaya Metro Station decorated with porcelain figures .

Taking the metro's escalator at the end of the tour with Maria the tour guide.

Have you visited the Moscow Metro? Leave your comment below.

January 15, 2017 at 8:17 am

An excellent read! Thanks for much for sharing the Russian metro system with us. We're heading to Moscow in April and exploring the metro stations were on our list and after reading your post, I'm even more excited to go visit them. Thanks again 🙂

December 6, 2017 at 10:45 pm

Hi, do you remember which tour company you contacted for this tour?

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What to do with a few hours in moscow march 25, 2013 12:43 pm   subscribe.

The U.S. spent $179 million in 2023 minting pennies and nickels, and $100 bills are going out of style. Why do we still need cash?

For the 19th consecutive year, a penny cost more to produce than it’s worth.

There have been other times pennies have cost more than 1¢, but this is its longest losing streak. They now cost 3¢, while nickels cost 11.5¢. Producing these two coins last year cost the U.S. Mint $179 million. Meanwhile, $100 bills are increasingly awkward to use —many economists favor eliminating them entirely —and in 2021, consumers used credit cards for 57% of purchases , according to the Federal Reserve.

So, at both ends of the financial spectrum, American currency arguably has never been less useful and, for some, more onerous. But for others, it remains crucial.

‘Basic banking is very expensive’

Beyond emotional or cultural aspects, cash remains important for lower-income individuals, especially the unbanked.

“As the world becomes increasingly cashless, people who are already at a disadvantage may become increasingly disadvantaged,” said Christopher Bechler , a professor at Notre Dame’s Mendoza College of Business.

Bechler’s warning falls in line with a December 2023 report by the Atlanta Federal Reserve that warns a “significant” portion of the population, even some with bank accounts, don’t have credit or even debit cards. Some of that’s due to minimum balance requirements or individuals having smaller, or less consistent, deposit flows, while there are other factors such as lacking proper ID or a better understanding of financial or digital tech.

Aaron Klein, an economist at the Brookings Institute, noted the irony of finding ourselves in a “reverse Robinhood” system where poorer people prone to using cash often must pay fees to use traditional banking services while those with higher incomes get free access—and meanwhile are racking up credit card points.

“Debit cards or credit cards, or access to a lot of electronic money, is free—if you have money,” Klein said. “But the less money you have, the more money it costs you to access your money digitally. If you always have a thousand bucks in your bank account, chances are your bank account doesn’t charge you a monthly fee, and you don’t overdraft. But if you’re living paycheck to paycheck, basic banking is very expensive.”

‘Facilitate commerce’

While Congress has spent more than 30 years entertaining legislation to eliminate the penny—as have countries including Canada, which eliminated its penny in 2013 , and Sweden, which was ahead of the curve by removing the 1 öre coin in 1972 —professor Robert Whaples of Wake Forest University said he’s not optimistic of a meaningful change any time soon.

One reason the Mint keeps making pennies, Whaples explained, is because so many pennies end up in jars on dressers and scattered on coffee tables. People don’t use them, and the government wants hard currency to be circulated.

“You want your money to make transactions more efficient. You want your money to facilitate commerce,” he added.

The Mint, however, can reduce production. For example, in 2019, 60% of all coins minted were pennies, but by 2023 that figure fell to 39% —the steepest reduction among all U.S. coins.

The Mint makes money by selling gold and silver bullion to the public along with specialty coins it also sells to other governments. U.S. currency is sold to the Federal Reserve at face value, and because dimes and quarters cost less to make than their face value, in 2023 this created $430 million in seigniorage —or surplus, the opposite of producing the pennies and nickels.

Taxpayers don’t directly bear the cost of producing coins that fewer and fewer people use. Since the 1996 creation of the Public Enterprise Fund , the Mint has been self-funded, and any surplus in operating expenses is donated to the Treasury to help pay off the national debt. (In 2023, the Mint didn’t make any such transfers.)

‘An anachronism’

Since 2018, the $100 bill has been the most widely circulated denomination of the U.S. dollar—but most of this circulation has occurred elsewhere. A report by the Chicago Fed found that almost 80% of all $100 bills are overseas, largely because the bills are the go-to denomination for criminals .

Many economists have argued that central governments should stop printing large bills, including the $100 note. In a 2016 Harvard paper , then research fellow Peter Sand proposed eliminating large denominations like $100 or 500 euros because they “play a very limited role in the legitimate economy.” It’s simply much easier to move $1 million in a single suitcase full of $100 bills than with multiple suitcases full of $20 bills, the paper argues.

“High-denomination notes are arguably an anachronism in a modern economy given the availability and effectiveness of electronic payment alternatives,” Sand adds.

Even when it comes to smaller-denomination bills, approximately 60% of those remain overseas. And Americans do seem to be moving away from cash, with only 18% of 2021 transactions being in cash.

But a fully cashless economy? That remains a tough sell. According to Whaples, unlike countries like China and Sweden that have more readily embraced digital payments, Americans place a higher value on having more options.

Cash also serves as a safety net. Sand’s paper recognized that it may be needed for places suffering banking crises or natural disasters, or even in war zones. For example, in 2017, when Hurricane Maria devastated Puerto Rico and completely collapsed both the telecom and the electrical grids, for about a week there was no way to process electronic payments.

There’s also the emotional component, Bechler noted in a recent paper . During his research he found that people prefer to buy certain things with cash—more “difficult” purchases that they’d prefer to forget —instead of with cards, and that using cards more could lead to overspending.

“As the world becomes increasingly cashless, it may also be more difficult for merchants to match consumer payment preferences, specifically in contexts where consumers are making small or hard-to-justify purchases,” Bechler told Fortune . “As we consider the future of money, I think it’s really important that we keep these two aspects in mind.”

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