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I do not think cash usage is driven by privacy fears - rather inertia - much caused by the belief that use of cash is not causing consumers a 50bn of costs.

I have not come accross authorities abusing power in the data field - rather the other way around here - it is made almost too difficult for them to get at criminals.

Please use Facebook https://www.facebook.com/bo.harald1 to spread the news - also about new countries setting deadlines for paper invoicing - Kazakstan now.

This is a business case for banks - but also time to contribute to the good for society at large.

Tax payers are supporting banks and even get an owner voice - now banks should pay back by joining forces and create the easy 4-corner model also here. ISO-standard for x-border e-ID messages is an obvious thing to start working for - not only for EU - but globally

This so makes sense - if you want to (i) serve citizens with already familiar highvolume, high security tools - not only for the public sector (ii) speed up take-off of e-government services and (iii) save tax payers money - 100ds of millions.

Only positive experience from Finland and other Nordic-Baltics with technolgy neutral approach.

Now is the time for banks to move higher up in the payment service value chains. Interoperable E-invoicing is a key example - not a goal in itself (only) - but an innovation platform for a wide range of new customer value initiatives. As the ISO20022 message standard for e-invoicing is ready, automates payments easily and is getting new dimensions (factoring, reporting etc) banks have the tools needed.

Would be nice - but I am not really writing these for that reason. Rather the good-for-society-at-large aspect.

Cash is used because of the black economy. The black economy is a huge cost for society - in so many ways. We naturally need stiff competition to drive card acquiring costs down - but in this equation we need regulation making cash cost more visible - and even subsidising card payments would be good for society at large.

Spot on. E-invocing makes invoice financing much easier and supplier finance cheaper for SMEs - all reasons for those driving corporate competitiveness to support. SMEs are over 60% of the economy..

The model that is in use here is based on monthly fee and transaction fees for outgoing (extra when having to be printed) and incoming invoices - on modest levels - adding up to a small fraction of the savings even small enterprises can achieve via payment and accounting automation (+much more). This is enough for the business case as investment needs are so small (much more from invoice financing etc..)

Thank you Hannu. Judging from no-protests - should I read it that all readers (1.400times) agree with me. If so then please take action - still time for making the u-turn from this road to a expensive mistake.