Visa services have now reportedly returned back to normal after a hardware failure resulted in customers all over Europe unable to make payments using their cards for several hours yesterday. In a statement released by the financial services company, Visa apologized and said that the outage was not down to "unauthorised access or a cyber attack". But is Europe ready to become completely cashless? So, we probably will not be seeing a completely cashless society soon. Of all the countries, Sweden has been considered the first to go completely cashless if a nation ever chose to do so.

Source: Forbes June 02, 2018 13:18 UTC