Cape Town’s transition to cashless transactions highlights a stark divide between those who can afford digital currency and those who cannot. While cashless transactions offer convenience and efficiency, they are a privilege unavailable universally. The dilemma of the unbanked and the legality of declining banknotes as valid currency raise critical questions that must be addressed to foster equity and accessibility for every citizen in an inclusive financial infrastructure. A truly democratic society requires the elimination of inequality, where banking services are accessible to all, and consumers enjoy a wider range of choices.
