cashless

A cashless society describes an economic state whereby financial transactions are not conducted with money in the form of physical banknotes or coins, but rather through the transfer of digital information between the transacting parties.

(source: en.wikipedia.org)

What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
What It Takes To Get Consumers (And Merchants) To Go Cashless, Contactless – And PIN-less
May 06, 2020  |  Payments Innovation

The appeal of contactless payments has skyrocketed since the pandemic hit across the globe. Payment network giants such as Visa and Mastercard said in their most...

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Egypt Limits Bank Withdrawals, Deposits To Curb Inflation, Hoarding
Egypt Limits Bank Withdrawals, Deposits To Curb Inflation, Hoarding
March 30, 2020  |  Bank Regulation

In Egypt, banks have been told to impose a limit on cash withdrawals and deposits in a move to hopefully stop hoarding and inflation. The...

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Nets Expands Poland Presence With PeP Acquisition
Nets Expands Poland Presence With PeP Acquisition
March 12, 2020  |  Partnerships / Acquisitions

Denmark payments startup Nets said on Thursday (March 12) that it has acquired Polish merchant acquirer Polskie ePłatności (PeP). PeP, valued at €405 million, has...

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Proposed Law Would Force Delaware Businesses To Accept Cash
Proposed Law Would Force Delaware Businesses To Accept Cash
March 11, 2020  |  Legal

A new proposed law in Delaware would make it illegal for businesses to only accept cash, according to a report by the Associated Press. A...

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World Health Organization Cautions Against Cash Usage
World Health Organization Cautions Against Cash Usage
March 05, 2020  |  Safety and Security

The World Health Organization (WHO) is advising people to not use paper tender and to use as many cashless options as possible to help contain...

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i2c, Sightline Team Up For Cashless Cross-Channel Gaming 
i2c, Sightline Team Up For Cashless Cross-Channel Gaming 
February 26, 2020  |  Payments Innovation

Digital banking and payments firm i2c is partnering with next-generation commerce firm Sightline Payments to deliver cashless, mobile and omnichannel programs to over 45 gaming...

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The Challenges Of Self-Checkout, IoT Technology
The Challenges Of Self-Checkout, IoT Technology
February 18, 2020  |  Today In Data

There’s not much argument against self-checkout systems as a means of improving the customer experience, but at least a temporary blowback to the technology has begun. Opposition from...

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Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’
Rising Credit Card Use In UK Could Mean The End For ‘Petty Cash’
February 14, 2020  |  International

The increasing number of businesses using cards over cash could prompt some companies in the U.K. to stop using cash altogether after hundreds of years...

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BOJ: 40 Pct Of Japan’s Financial Firms Victims Of Cyber Attacks
BOJ: 40 Pct Of Japan’s Financial Firms Victims Of Cyber Attacks
February 02, 2020  |  Security & Fraud

Ahead of hosting the 2020 Olympics in Tokyo this summer in July and August, Japan’s financial institutions have been cautioned to be especially on guard...

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