Greece Government: Right Bills and Denomination Bills

greece government: No need for cash any more, according to Deutsche Welle. It's not such an unlikely scenario. Instead of having to queue at the checkout because people are fiddling around looking for the right bills, or waiting for change, or entering the PIN for their card, everyone just puts their cellphone on the scanner - and that's that. Non-cash payment is already the norm in many countries in the world. In Greece the government is planning to use tax incentives to encourage people not to pay in cash. This month, India completely withdrew all large denomination bills from circulation. (news.financializer.com). As reported in the news.

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