... The huge lobbying operation to create a cashless society – David Cameron considered announcing that Britain would become a cashless society by 2020 – is heavily inspired by the desire to make money from data on our shopping habits.
At present, nearly half of all purchases are still made with cash, which creates no usable data. Buy with our contactless cards, and we are contributing – for free – to a huge market in retail intelligence.
The War Against Cash by Ross Clark (Harriman House) is out now