Cashless

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How Extra Demand for Cashless Payment Services Is Changing the Banking World

One of the side effects of the COVID-19 pandemic has been a marked reduction in the use of cash as people have shifted to using cashless and contactless payment methods.

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Who Gets Hurt When the World Stops Using Cash

Who Gets Hurt When the World Stops Using Cash

Some people don’t have credit or debit cards, so a growing number of state and local governments are requiring businesses to accept cash. Credit… Till Lauer Cash doesn’t have the status it used to.

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Coronavirus and a Cashless Society

Coronavirus and a Cashless Society

COVID-19 has changed society as we know it over just a few months — working from home, social distancing, masks and countries across the globe on the brink of an economic crash.

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Cashierless Stores Are Popping Up at Gas Stations, Stadiums and Even Dunkin’

Cashierless Stores Are Popping Up at Gas Stations, Stadiums and Even Dunkin’

CNET 1 hr ago Ben Fox Rubin Pretty soon you might find Amazon Go-like concepts just about everywhere. Mastercard on Friday said it’s joining the effort to create more of these kinds of cashierless stores, unveiling a platform it calls Shop Anywhere.

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The Future of Cashless Payments in a Post Covid-19 World

The Future of Cashless Payments in a Post Covid-19 World

The coronavirus pandemic is having a significant impact on society and industries worldwide – and the payments industry is no exception. According to McKinsey, the ongoing pandemic is likely to have a profound effect for global economies.

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Our Cash-Free Future Is Getting Closer

Our Cash-Free Future Is Getting Closer

The pandemic is propelling a shift toward a cashless society in ways that no other single event has. Experts say that’s not necessarily a good thing. A customer makes a so-called contactless payment at the Entrepôt St. Claude cafe in Paris. Credit…

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Should You Ditch Your Cash? A Growing Number of Cities Say No Way

Should You Ditch Your Cash? A Growing Number of Cities Say No Way

CLOSE A credit card machine is shown at Mercedes-Benz Stadium during a tour for the NFL Super Bowl 53 football game Tuesday, Jan. 29, 2019, in Atlanta. During its sponsorship renewal with the NFL through the 2025 season, Visa envisions the first cashless Super Bowl. (AP Photo/David J.

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Five Million Consumers Choosing a Cashless Lifestyle

Five Million Consumers Choosing a Cashless Lifestyle

One in 10 UK adults, just over five million people, are choosing to live a largely cashless lifestyle, while debit cards continue to be the most popular payment method according to UK Finances latest Payment Markets Report.

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Where Has All the Cash Gone?

Where Has All the Cash Gone?

When I was a toddler, the first American ATM was installed in the Chemical Bank in Rockville Center on Long Island, N.Y. It was September 1969. Since then, along came the Walkman, the beeper, DVDs, laptops, the X-Box and the iPhone. Yet despite being surrounded by all this technology all my life, I still consider […]

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Transactions Grow, Yet Cash Still Preferred

Transactions Grow, Yet Cash Still Preferred

More cities and other municipalities are banning retailers from banning cash. Since a percentage of the population still operates in a cash-only environment, and many but not all, are low-income individuals, banning cash is the equivalent of banning this segment of society from these establishments.

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Rise in Cashless Payments Stokes Concerns Over Data Security

Rise in Cashless Payments Stokes Concerns Over Data Security

When bitcoin faithful began preaching the virtues of anonymous currencies, the pitch sounded familiar. I thought, ‘Haven’t we got that already?’ said Kirsten Thompson, a partner at Dentons and national lead of the firm’s transformative technologies and data strategy group.

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As Amazon Leads Cashless Charge, States and Cities Push Back

As Amazon Leads Cashless Charge, States and Cities Push Back

Rebecca Esparza works with homeless people and, having once lived in a shelter herself, knows what it’s like to navigate the U.S. economy if you don’t have much money. For most of her clients, cash is king because they lack access to the financial tools many Americans take for granted-checking accounts, debit cards, payment apps.

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