Many people talk of a cashless society becoming the norm, and with good reason. Approximately £1.2 billion is stolen in fraud and scams every year in the UK. That figure is only what’s reported, with many people also feeling too embarrassed to admit they have been the victim of a crime involving their own money.
Money has always been a huge attraction to criminals, therefore all of us must consider how we both use and store ours. The question is, would a cashless society help to prevent crime?