World Economy

EP Supports ‘No Cash Day’

EP Supports ‘No Cash Day’EP Supports ‘No Cash Day’

The European Parliament has announced it will support this year’s No Cash Day to be held in April, NewEurope reported. The No Cash Day initiative is an annual event that started in Italy in 2011 to raise public awareness about the use of digital payment. Since 2013 it has been promoted by CashlessWay, the Italian association for the promotion of digital payment instruments. On April 6, CashlessWay will present its initiative during the Money 2020 Europe–the largest fintech event in the world–in Copenhagen, Denmark. The document will outline the guidelines for an actual development of electronic money in Europe.