Tag: Cashless
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Smart Checkout Technologies Help Retailers as Consumers Look for Frictionless Payments
The value of transactions processed by smart checkout technologies, where a frictionless model replaces the fixed checkout process, will reach $387 billion in 2025, up from just $2 billion in 2020.
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This crisis will reshape the way we understand city living
Tel Aviv Foundation’s CEO says city leaders need to listen and be patient to learn from the current crisis. Also, the large events and crowds won’t be back for some time, but that could be a good thing
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Why Electronic Cash Might Work Now
There are two technologies widely available that can make e-cash a reality: contactless chip-and-PIN secured cards and NFC smartphones. Four years ago, I wrote a blog about the failure of e-cash experiments, both in Europe and the US. There were many factors to blame, but the trials failed mostly because of reticence from small businesses […]
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Cities Should Consider Going Cashless
It is starting to make sense for cities worldwide to prepare for a cashless society. Children in Iceland bake cookies to sell on the street, a tradition similar to American kids’ first taste of business selling lemonade. The difference is their choice of payment: While in the US, kids selling lemonade only take cash, Iceland’s children […]