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Cash is more popular in Switzerland than any other payment method. This is demonstrated by the population survey recently published by the Swiss National Bank. However, cash is rapidly losing its importance in day-to-day payment transactions.
That’s why the first major catering chain in Switzerland is now reacting: the Wiesner catering family (FWG) says goodbye, cash. In a few months, notes and coins will be a thing of the past at FWG. After the summer, guests can pay for food and drinks in 34 restaurants belonging to the gastronomy group digitally, only by card or payment application, excluding tips.
“This only works until a terminal fails again, and then, of course, you have no money to pay,” says reader Werner Steiner. René Springmann isn’t too keen on the idea either: “If you can only pay in a shop or restaurant without cash, and my cash isn’t good enough, I’ll leave the shop or restaurant right away,” comments the reader. “I don’t have any money if I can’t decide for myself how to pay,” he doubles up.
No cash, no tip
What particularly bothers many readers is that the restaurant chain may continue to accept cash – but only in the form of tips. Reader Daniel Kloter is particularly angry at this: “If I can’t pay cash, there’s no tip either!”
But not all readers insist on taking the money. “In Scandinavia, cashless payment is as natural as breathing,” writes reader Heinrich Tschanz. He also says: “The elimination of cash has far more advantages than effort and hygiene. Robbery and extortion have been almost completely eliminated.”
Alex Breitmann is also a big fan of paying with plastic. “I’ve been paying cashless for a few years now and I think it’s great,” she writes. From where? The reader explains it himself: “With cash, it’s easy to lose track of where the money is going. With e-banking, I can easily see every penny I spend. When it comes to cash, it’s nearly impossible without accounting.”
Source :Blick

I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.