Cash provides essential fallback when digital payments break down, Payment Choice Alliance points out

a couple years ago this happened in Canada. our banks use something called “interac” which is used on debit cards for payment. it went down. also a couple banks went down too. Happened on a Friday thus…payday. Many peoples direct deposits didn’t go through or failed to show up. you couldn’t buy anything at a store with your debit card regardless of who you banked with. couldn’t even draw out cash from an ATM.

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