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

Teen-Focused Digital Bank Pixpay Raises $3.4M
Teen-Focused Digital Bank Pixpay Raises $3.4M
December 01, 2019  |  Payment Methods

French startup Pixpay is the first challenger bank to cater to teens, offering a debit Mastercard for cashless payments, news outlets reported on Friday (Nov....

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McDonald’s Kiosks Useless To 8.4M Unbanked US Households
McDonald’s Kiosks Useless To 8.4M Unbanked US Households
November 13, 2019  |  Cash

Fast food giant McDonald’s is facing backlash over its push to install touch-screen kiosks in a majority of its stores, according to a report by...

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REPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
REPORT: What Apple Pay At Five Says About The Future Of Mobile POS Payments
October 21, 2019  |  Mobile Payments

Apple Pay went live five years ago yesterday, on Oct. 20, 2014. When Tim Cook took the stage a month beforehand to announce this mobile...

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MA Minor-League Baseball Stadium To Offer Cashless Transactions
MA Minor-League Baseball Stadium To Offer Cashless Transactions
September 25, 2019  |  Mobile Payments

Standard Cognition has revealed that it will enable cashierless transactions at a minor league baseball stadium. A store with snacks, drinks, and souvenirs at Polar...

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Starbucks Consumers In Japan Can Pay With NCF Pen
Starbucks Consumers In Japan Can Pay With NCF Pen
September 18, 2019  |  Innovation

Starbucks has announced the release of an actual pen that consumers can use to pay at the register in Japan, according to reports. The pen...

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How Sports Stadiums Are Undergoing Digital Transformations
How Sports Stadiums Are Undergoing Digital Transformations
August 23, 2019  |  Payments Innovation

No industry is immune to digital transformation. Sure, activities like shopping online, getting food delivered, catching a cab or finding a gig are some of...

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Bringing Specialty Socks To Malls With Automated Retail
Bringing Specialty Socks To Malls With Automated Retail
August 22, 2019  |  Retail

For many entrepreneurs, their experiences tend to guide them toward a particular area. The Sock Spot CEO Ben Williams, for instance, worked for a manufacturer...

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Should Unstaffed Stores Be Shelved?
Should Unstaffed Stores Be Shelved?
August 15, 2019  |  Retail

Automation promises many benefits in retail, including the potential to reduce costs and improve the customer experience. Just because you can doesn’t mean you should,...

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Singapore’s OCBC Bank Customers Can Use QR Codes At ATMs
Singapore’s OCBC Bank Customers Can Use QR Codes At ATMs
July 31, 2019  |  Digital Banking

In an effort to make Singapore’s three million monthly cash withdrawals more digital, OCBC Bank has rolled out QR codes that customers can use at...

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