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Cashless in Sweden: Sweden Working To Eliminate Hard Currency Throughout the Entire Country

July 24th, 2012 at 4:19 pm

Cashless payment solutions are emerging on a larger scale than just festivals, stores, and sports venues – Sweden is currently knee-deep in an initiative to eliminate the use of hard currency throughout the entire country… Read More >>

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A New Bill for Section 193 of the New York State Labor Law: Great News for Hospitals and Organizations Across NY State!

July 10th, 2012 at 10:00 am

On Thursday, June 21, 2012 hospitals and other organizations across New York State received some good news when the state’s Senate and Assembly passed a new bill for Section 193 of the New York State Labor Law allowing employers to make deductions from employees’ paychecks for things like discounted parking costs, certain mass transit costs, certain purchases from charities affiliated with the employer, gym membership dues, pharmacy purchases made at the employer’s place of business, tuition, room, and board payments for educational pursuits, day care costs, and more! Previously, state law only allowed payroll deduction for a small number of circumstances – like insurance payments and pension benefits. That law was originally meant […]

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Cashless Festivals – Solutions at Festivals Offer More Than Just Cashless Transactions

July 3rd, 2012 at 4:41 pm

Cashless payment options are starting to crop up at events across the world – like the Olympics. Large events are often perfect settings for cashless payment, so it may not come as a surprise that many of those events are music festivals. However, the cashless solutions at these festivals offer more functionality than just cashless transactions – access control and cashless payment are rolled into one. These systems are designed using the wristbands that all festival attendees are already wearing. Traditional wristbands served only as a visual identifier of who was a paid ticketholder, but in recent years these have frequently been replaced by RFID wristbands. The chip in each […]

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Cashless Vending Machines

June 26th, 2012 at 2:46 pm

In 2011, Google attempted to make a splash in the tech world with the release of Google Wallet, the first mainstream mobile wallet feature available in the United States. Google put a lot of effort into making the Wallet a success, but in the months since its inception, the Wallet has largely fallen short of expectations due to a number of circumstances. But don’t count out the Wallet just yet. In November, Google partnered with Coca-Cola to showcase how a mobile payment option can be used with the beverage giant’s new cashless vending machines. The two companies hosted simultaneous events in New York City and San Francisco to give people […]

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Does Cashless Payment Encourage More Spending?

June 12th, 2012 at 8:28 am

A lot of people find that paying for a purchase with cash causes them to feel more guilty about the cost. Paying with a credit or debit card makes it easier to spend the money without dwelling on the price – not always a good thing for consumers. But research has shown that this goes beyond our perception of the purchase; consumers actually spend more money with cashless payment options. Research conducted on the subject has shown that people will spend more money if the payment method is deemed “easier”. People will spend more when paying with a credit card than they will when they pay with cash. And this […]

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Cashless Parking Meters

May 29th, 2012 at 4:12 pm

When you think of contactless or cashless payment opportunities, what comes to mind first? For some it might be the keychain tag used to buy gas or the transponder that allows you to zip through toll booths without fumbling for change. Others may think of cafés and fast food restaurants, retail stores, and banks. These are the more traditional locations where we expect to find cashless terminals or similar contactless payment options, but as contactless and cashless opportunities increase in popularity, many other uses for cashless payment appear. Parking meters are a prime example of a location that benefits from offering cashless payment options. Customers are frequently in a hurry […]

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Google Project Glass: Five Ways Project Glass Could Improve Life at Work!

May 1st, 2012 at 8:17 am

By now, many of you have probably seen the video Google released featuring their augmented reality glasses (dubbed “Project Glass”). It’s a pretty fascinating concept – the translucent screen on the glasses allows information to be streamed right to your eyes at all times. The video shows neat ways the glasses can be used seamlessly in everyday life, but how could the Glasses’ functionality be tailored to the workplace? Cashless Solutions For businesses utilizing payroll deduction for payment, the glasses could display an up-to-date tally of deductions and wages for the current pay period to help employees decide how much they want to spend. Imagine having that information appear as […]

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Cashless at the 2012 Olympic Games in London

April 24th, 2012 at 10:00 am

The London Olympics will be the first Games to feature cashless (or “contactless,” as they say across the pond) payment options at all terminals across each Olympic venue. McDonald’s specifically says it will offer “wave and pay” options in… Read More >>

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A Cashless Society And A Trend Toward Cashless Payments

December 22nd, 2011 at 9:01 am

So let’s take it to a vote, do you still use ATMs?  How about online banking, do you pay your bills online or do you write a check?  Do you even carry cash?  How many credit cards do you carry? The trend toward a cashless society is certainly undeniable.  We are seeing an uptick in this trend especially in the healthcare arena – where time is tight and patient care needs to be paramount.  But nurses and doctors have to eat, right?  Who has time to go grab a bite to eat during a busy shift?  Who has cash in hand to buy a snack from the vending machine?  Healthcare workers […]

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