A World Without (Paper) Money

Mobile Payments

When was the last time you paid for anything with a check? For that matter, when was the last time you paid for anything with cash? Today debit and credit cards are accepted almost everywhere. Even places that have been famous for only accepting physical currency (like Laundromats) now use a card based payment system. Even vending machines are starting to accept cards now. So what does that mean for physical currency? Is it really on its way out or does it just feel that way? Let’s start with what…

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