Denmark is on track to become the world’s first cashless nation, with its government pushing to free some stores, restaurants and petrol stations from accepting cash payments.The proposal to scrap cash transactions is part of a package of cost-saving measures being introduced ahead of the Danish election in September, the Independent reports.
It is understood the government is hoping to get rid of the option to pay by cash by as early as 2016.
Nearly a third of all Danish citizen prefer to use Danske Bank’s official app, MobilePay, to pay for services and transactions, and it is expected that the proposal will be met with little opposition.