In my experience, the elderly can forget or mixup their card pins frequently enough to be annoyed by the ordeal. They are also more prone to expose their pins to others and be the target of theft.
>It would be straightforward to establish the right to a free basic bank account (with transaction limits) for the homeless & (formerly) unbanked.
The whole point is that in a cashless society the dependence on digital bank accounts is considered a single point of failure even for the banked, never mind the unbanked. The elderly and the homeless are also less equipped in knowing how to resolve problems that require digital solutions compared to the others.
In my experience, the elderly can forget or mixup their card pins frequently enough to be annoyed by the ordeal. They are also more prone to expose their pins to others and be the target of theft.
>It would be straightforward to establish the right to a free basic bank account (with transaction limits) for the homeless & (formerly) unbanked.
The whole point is that in a cashless society the dependence on digital bank accounts is considered a single point of failure even for the banked, never mind the unbanked. The elderly and the homeless are also less equipped in knowing how to resolve problems that require digital solutions compared to the others.