How Does a Cashless Society Affect Your Privacy?
Swiping cards, tapping phones, and scanning QR codes: welcome to the cashless society. It’s convenient, quick and seemingly efficient. But beneath this seamless financial evolution lies a big question: what does going cashless mean for your privacy? A growing concern is the privacy implications of a cashless society as more people worry about how their financial data is collected and used. As we trade tangible coins and notes for digital footprints, our spending habits become traceable in ways never imagined, putting our privacy at risk. With each transaction recorded, analyzed and often shared across platforms, the dream of financial convenience might be leading us to a surveillance state.