Switzerland's New Instant Payment System

Switzerland's new instant payment system has gone live, allowing for immediate account-to-account transactions, bolstering the future of cashless payments in the country.

New Rule for Asylum-Seekers in Germany

Germany implements new rule requiring asylum-seekers to receive benefits on a card for use at local shops and services, limiting cash withdrawals to prevent sending money abroad. Critics argue it is discriminatory and may ostracize migrants further. Far-right party exploits anti-migration sentiment. Asylum-seekers from Moldova and Georgia can be quickly rejected. Some migrants struggle with the transition to cashless payments.