Cashless Society1 Cashless Society mavin article that caught my attention recently was champion presented in the November 21, 1998 issue of The Economist. The article was about a cashless ordinance and how well alternative forms of tender were catching on. According to the article, galore(postnominal) forms of the smart flier havent caught on as well as expected. capable card game have information gain in them, essentially allowing a consumer to purchase things quickly and conveniently. It was the confide that these card would supplant paper and coin money forever. However, that has not been the case. Smart cards do exits, however.
In the article, it is mentioned that smart cards with chips embedded in them allowed a customer to quickly scam the card through the reader. Thirty-two cents is then deducted. Simple and easy, respectable? Well, it hasnt caught on. One of the main reasons that smart cards have struggled a go is that it has competition in the form of current account cards. Peopl...If you privation to get a full essay, order it on our website:
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