Indian airlines have resorted to handwritten boarding passes. Starbucks’ mobile ordering system and label printers have crashed, angering customers but also forcing them to resort to cash.
The shift to cashless transactions has accelerated during the pandemic, but critics warn it could enable consumer surveillance and disproportionately affect low-income customers.
Cybersecurity expert Richard Forno has highlighted the fragility of cloud and internet infrastructure. CrowdStrike’s outages are a stark reminder of the potential risks of over-reliance on digital payment systems. In such cases, the benefits of cash are clear.
Source: Ferra
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