http://www.dailymail.co.uk/sciencetech/article-2152118/Paypal-unveils-new-app-lets-pay-shops-direct-smartphone–queuing-till.html App generates barcode which is scanned by shop No financial information stored in phone Protected by PIN number ‘You won’t need a wallet by 2016′ says PayPal By Larisa Brown PUBLISHED: 07:21 EST, 30 May 2012 | UPDATED: 20:11 EST, 30 May 2012 All that fun buying a new frock can often be ruined […]
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How your mobile phone can be turned into a credit card – it could mean the end of small cash payments in 5 years
Apr 19
http://www.dailymail.co.uk/sciencetech/article-2131858/How-mobile-phone-turned-credit-card–mean-end-small-cash-payments-5-years.html By Sean Poulter, Consumer Affairs Editor PUBLISHED: 19:04 EST, 18 April 2012 | UPDATED: 01:31 EST, 19 April 2012 Any mobile phone can be turned into a ‘tap and go’ credit card under a payment system unveiled today. Advocates of the technology argue it could mean the end of small cash payments within five […]
Sweden could be first country to go cashless as even churches are taking cards for offerings
Mar 21
http://www.dailymail.co.uk/news/article-2117643/Sweden-Country-cashless-churches-accepting-cards-offerings.html Nation was first in Europe to bring in notes in 1661 Bills and coins now just 3% of Sweden’s economy Bank robberies plunge, but cyber crime surges Sweden was the first European country to introduce bank notes in 1661. Now it’s come farther than most on the path toward getting rid of them. ‘I […]