Posted on 02/17/2023 6:57:51 PM PST by Saije
Going cashless has become increasingly common on an international scale, with many vendors eliminating hard currency in favor of card payment or digital apps. Cultural venues, street festivals, outdoor concerts, and eateries worldwide are also embracing electronic payment as the preferred monetary transaction of the future.
The Czech Republic has long been considered a trailblazer in this area, however, many smaller restaurants and shops outside of the capital remain strongholds of cash-only payment and, according to research from 2021, some 20 percent of Czechs prefer to make cash-in-hand payments.
The right to do so, however, won’t be protected in the Czech Constitution following the Senate's rejection of a proposal on Wednesday to make paying by cash a constitutional right.
The move to make cash-only payments a constitutional right was spearheaded by independent Senator Jitka Chalánková who said that many Czechs fear that cashless payments will become mandatory as digitization spreads, according to news server České noviný.
She said that a large segment of the Czech population doesn't want having a card or bank identity to become mandatory due to privacy issues and data protection. Others find paying in cash more convenient.
Proponents for amending the constitution to protect a consumer's right to hand over cash say that such payments aren't constitutionally protected in any European Union state, and Czechia could be a pioneer. Having the protection on a constitutional level would protect the right from EU-mandated changes.
Czechia, for example, added protections for gun ownership to the Charter of Fundamental Rights so that future EU directives couldn’t weaken them.
(Excerpt) Read more at expats.cz ...
Cash, Czech, or credit...
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