Dreams of a cashless society; Virtual money v the real thing.(Finance and Economics)(the increasing use of online payments, such as through PayPal)
Economist (US), The, May, 2001
WHISPERING into your wristwatch or waving your mobile phone could one day be enough to trigger a whole host of (with luck, intentional) financial transactions. The bargain might be anything from paying a newsagent to downloading digital music, buying a train ticket, sending cash to a relative, or trading shares on the Internet.
In Finland you can already pay for a car-wash using your mobile. In Hong Kong you can walk through ticket barriers and buy fast food with a flourish of your Octopus stored-value card. In Russia you can buy a scratch-card to put money into a PayCash account on the Internet, to gamble or just to spend. Qpass lets you pay for articles from the online Wall Street Journal. Mobile-phone users in Germany, Austria and Spain can, in theory, use...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
