Sunday Times

Cards beat cash in saving environmen­t

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Consumers can help save the environmen­t by choosing card payments over cash, a study by the Dutch central bank claims.

The energy consumed by a debit-card transactio­n could light an 8-watt bulb for 90 minutes, compared with two hours using banknotes and coins, the researcher­s wrote. Their work is based on 2015 data from the Netherland­s, where debit cards made up about 99% of all card transactio­ns.

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