Message #35229

[Mark]

Thoughts on the New Cashless Society

To say that living without cash has been the stuff of legend would be an exaggeration … but only a slight one. And the reality may come sooner than we think.

For literally hundreds of years, the thought of a society without cash, or money at all, has been on the minds of utopian philosophers, financial activists, anarchists and other groups, usually upset at the limitations and abuses of a representative money system. During most of this time, “cashless” — often literally “moneyless” — was a hallowed vision in the minds of some but, being virtually impossible to implement in a society beyond the near-tribal agrarian state, it was pretty much all talk.

Well, it’s back, this time driven by the intersection of consumer, banking, commerce and mobile automation forces that together may make its realization more likely than ever and of major importance to our burgeoning mobile automation world.

rest: http://www.cmswire.com/cms/customer-experience/thoughts-on-the-new-cashless-society-020889.php