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Cashless Red Kettles: Cashless Payment for the Salvation Army

December 19th, 2012 at 8:29 am

This time of year, Salvation Army bell-ringers are a familiar sight (and sound!) outside of stores and on street corners. One sight that might not be quite so common is the “cashless red kettle” – a variation on the traditional Red Kettle stand that also includes a credit card reader. As our society has become increasingly cashless, the Salvation Army saw a drop in donations. The organization has adjusted by offering alternative options like the cashless kettles, which were first introduced in 2008. Other high-tech options include donating via text (similar to the fundraisers the Red Cross conducts for disaster relief), and the option to set up an “online kettle.” […]

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Facial Recognition in Less Than a Second

November 20th, 2012 at 2:56 pm

Facial recognition software is nothing new, but a company called FaceFirst may have found a way to vastly increase its potential uses. FaceFirst recently debuted facial recognition software that can identify faces in less than a second. The process begins by freezing a frame from a live video feed and zooming in on a face. From there, the software encodes the face in order to compare it to a database and present potential matches. FaceFirst has demonstrated how their algorithms work quickly enough to identify and introduce a meeting attendee before he even reaches his seat. Identifying employees within a company in that manner could be very useful for access […]

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Biometric Cashless Payment for Schools

October 30th, 2012 at 4:31 pm

We’ve frequently discussed the advantages of incorporating functions like cashless payment and access control into items like ID badges and wristbands that are already being carried – now, some schools are making it even easier for students to remember their payment for lunches by allowing the students to pay by simply swiping a finger. These biometric cashless payment systems connect the students’ fingerprints to prepaid accounts. The increased transaction speed helps lines move quickly, so the students have more time to enjoy their lunches. Parents don’t have to worry about their children losing cash or spending it on other things, and in some cases they can even monitor purchases online […]

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VITAband Wristbands: Cashless Payment That Saves Lives, Too!

October 16th, 2012 at 2:48 pm

In July, we wrote about the RFID wristbands used at many music festivals to handle cashless payment as well as access control (plus other functionality). Now a Philadelphia startup has developed a wristband that combines cashless payment with a different function: their VITAband wristbands carry medical information in addition to Visa prepaid debit chips. VITAbands are even offered in the form of wristwatches, adding an extra layer of functionality. Designed with joggers in mind, the VITAbands are intended as a hassle-free way for runners to stay safe. Carrying wallets and cell phones can be difficult if not impossible in workout attire, but not carrying those items could mean trouble in […]

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Cashless Payment for Girl Scout Cookies

October 2nd, 2012 at 1:06 pm

By now we’re all used to paying with credit cards at major stores and restaurants, and many of us have had the opportunity to use cashless payment at slightly more unusual locations such as vending machines and parking meters. Even so, when members of the local Girl Scout troop ring your doorbell to sell Tagalongs and Thin Mints, you probably don’t expect to be asked if you’d like to pay via credit card. But thousands of Girl Scout troops are starting to do exactly that. The Girl Scouts joined the many organizations that are already reaping the benefits of cashless payment when they started accepting credit cards via mobile payment […]

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Get There Faster: How Technology is Speeding Transportation

September 18th, 2012 at 2:48 pm

We all spend a lot of time in transit, and the time it takes to get where you need to be can be frustrating. Luckily, new ways to speed things up are always emerging. We recently discussed how cashless parking meters can increase convenience and save time, and anyone who does a lot of traveling knows that cashless solutions for paying tolls (such as E-Z Pass) can be a huge time-saver. But what if you’re not traveling by car? Many other forms of transportation are finding ways that technology such as NFC and mobile wallets can make it easier to buy transit tickets and even use those tickets completely electronically. […]

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Making Fast Food Faster

September 4th, 2012 at 9:40 am

By now you’ve likely heard about the controversy surrounding Chipotle and their rounding policies – in an effort to save time, the burrito chain has stopped dealing in pennies at many locations. Initially, totals were rounded to the nearest nickel, regardless of whether that meant rounding up or down. However, this policy was not publicized, so customers began to notice that their receipts weren’t quite adding up with no explanation for the discrepancy. In the wake of the scandal, Chipotle has revised their policies; they’ll now be rounding down to the nearest nickel but never rounding up. In addition, receipts now include a line that clearly indicates the amount deducted […]

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Mobile Shopping: More Than Just Cashless Payment

August 21st, 2012 at 4:10 pm

In our last post, we mentioned that adding functionality to mobile devices to enhance the way we shop seems like the perfect way to encourage merchants and consumers alike to buy into the idea of… Read More >>

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Fortune Magazine Proclaims “The Death of Cash”

August 7th, 2012 at 3:28 pm

If anyone still doubts that we’re in the midst of a cashless revolution, perhaps the Fortune magazine headline heralding “The Death of Cash” will help convince you. Fortune’s last issue featured a cover story on the rise of mobile payment options… Read More >>

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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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