#Cashless

[afriblaq]

Sounds like he was onto something here! @methodmanofficial predicting the future 30 years ago.

[nonenosome2]

Oh Hey. Yet another reason everything going cashless is a bad thing.

[daniel-nerd]

here's your daily reminder that the "cashless society" lie is nothing but an attempt to better track citizens, masked as fight against money laundering and crime.

sweden (one of the closest countries to become truly cashless, with less than 8% of transactions in cash) turned from one of the safest into one of the most dangerous countries in europe, in terms of money fraud and robbery in the past 5 years.

use cash. its not only better mentally to grasp how much you spend, but also better in terms of privacy and security.

and if you have to use cc for a transaction use apple pay/google pay, while yes, apple and google would be able to track your transactions, it is way safer in terms of security, and reduces the area of attack on your credit card.

[bitchesgetriches]

Ask the Bitches Pandemic Lightning Round: “Is It Safe To Keep My Money in the Bank?”

Did we just help you out? Say thanks on Patreon!

[aressida]

[verilyverily]

TRUMP ENDS THE PENNY & NEXT WILL BE CASH AS HE BRINGS IN A CASHLESS SYSTEM!

[notthewriteryourelookingfor]

My bank is trying to become cashless and I'm so mad about it. (I am looking for a new bank)

Our society cannot be cashless.

Why?

Because to open a bank account you need to have a permanent address, specific ID, and other items that are unobtainable for certain people including the homeless/houseless/some "illegal" immigrants

Not everyone us comfortable using digital only, I know a few old people who don't like cards, I know people who budget by using physical cash, and some people just prefer cash.

Also a lot of kids still use physical money as an allowance (I work in a craft store and having a kid come up with what is obviously their allowance to buy themselves craft supplies is so wonderful)

But there's another side to it.

A lot of places have surcharges based on card usage. It's usually "under $X" but I've seen a few places that are like "there's just a surcharge on all card transactions" like -_-

And banks can (and will) charge card fees. They probably do already in some places. And if card is your only options then you have to pay these fees and they can charge you whatever the fuck they want. And they will because that's what banks do. They exist to get money put of your account.

And banks that are like "we don't have any cash but you can use our ATM" ignoring the fact that not everyone can or will use an ATM and God forbid their 1 ATM go down, then what?

Banks: we've seen a decrease in physical money in the last few years so we're going to wind down physical money options.

As if there wasn't a pandemic that made a lot of people afraid to use money for the past 3 years!?!?!?!

I work retail and I can't be like "well we've barely had no sales this morning so that means we will only have a few in ther afternoon so I might as well close the store 4 hours early" that's not how it works.

Banks need more regulation imo and they shouldn't be allowed to go "cashless" because until our society fixes like capitalism/housing issues/domestic violence issues/mental health issues/etc we can't go cashless.

Like literally the only way we'd be able yo go cashless is if we live in a utopia where money doesn't exist. I'm sorry but the scifi dream of everyone having a chip in their wrist that is ID/money/bus pass/etc is a dystopian nightmare that capitalism would use to exploit everyone is they could.

I will admit I rarely use cash, I literally only use it for conventions (to stay on budget) or if someone owes me money and give me cash, I'll put it on my bus pass.

But just cuz I don't really use cash, doesn't mean it's not needed.

[businessfortune]

"Mobile Payment Systems: The Shift Towards a Cashless Society"

Cash is no longer the "King"! Cashless payments are a result of the complete change in the payment landscape brought about by the digital age.

Credit cards were the first form of cashless payment fintech innovations in the 1990s. The electronic banking system became widely used throughout that same decade. The developments in cashless payments carried on after that.

Well-known brands like Apple Pay and PayPal entered the fintech innovations scene. Plus, nobody likes to carry cash these days. Everyone wishes to gain from cashless transactions. Though cash is still important in many places, the globe is gradually shifting to cashless transactions.

There has been an increase in cashless transactions worldwide, according to the most recent Statista survey. There will be 2297 billion cashless transactions worldwide by 2027. The statistics above demonstrate the exponential rise of cashless transactions.

Mobile Payment Systems: The Shift Towards a Cashless Society

Globally, cashless transactions are growing increasingly typical as card and digital payments spread. Digital payment methods like debit and credit cards, smartphone payment apps, and others are increasingly popular for everyday transactions around the world.

Contactless payments, such as digital wallets and tap-to-pay cards, have become increasingly popular. The COVID-19 pandemic further accelerated this trend due to the perceived safety of contactless payments. Mobile payment systems like Apple Pay and Google Pay have made it even easier to make cashless transactions resulting in an e-commerce growth. Global digital transactions are predicted to reach over $14 trillion by 2027. Scandinavian countries like Sweden and Norway have already reached a cashless point-of-sale transaction rate of over 90%. In Asia, mobile payments are rapidly growing, with China leading the way through services like WeChat Pay and Alipay e-commerce growth. However, cash is still preferred in some regions due to factors like informal economies, limited access to banking services, and mistrust of financial institutions. Overall, more and more people are embracing digital payments for their convenience and expanding possibilities. Efforts are being made by governments and financial organizations to support this shift while considering the needs of all individuals.

What Are Digital Wallets, and How Do They Work?

Due to the pandemic, contactless payments like digital wallets have become very popular. Digital wallets store payment methods for easy purchases using a smartwatch or smartphone. They can also hold coupons, tickets, and cards and allow money transfers to others.

How digital wallets work

Different digital wallets process payments using various technologies:

NFC stands for near-field communication: If two devices are positioned adjacent to one another, this enables information sharing between them. This technology is used by Google Pay and Apple Pay. The retailer needs to have card readers that are compatible with these digital wallets at the point of sale.

MST stands for magnetic secure transmission: Similar to when a credit card is swiped on its magnetic stripe, this produces a magnetic signal. The card reader at the payment terminal receives the signal. NFC and MST technologies are both used by Samsung Pay.

QR codes: You may use the camera on your smartphone to scan these barcodes for secure transactions. For instance, you can create a QR code using the PayPal app that enables you to pay for items in stores using your account.

Some digital wallets, such as the Starbucks app, are "closed," meaning they can only be used at that particular store. In contrast, the digital wallet examples above can be used at any retailer that accepts them.

The Technology Behind Mobile Payments

The manner in which consumers make payments around the world has been drastically changed by mobile payment technologies. The fundamental technologies that make this possible are:

NFC:With this technique, data may be exchanged through secure transactions between two devices that are positioned just a few centimeters apart. NFC facilitates rapid and safe transactions by enabling smartphones and payment terminals to communicate.

QR codes:To start a transaction, customers can use the camera on their smartphone to scan "quick-response" codes. The codes point the user to a website or payment application when they are scanned.

SMS-based transactions:Businesses can use this technique to send text message instructions for payments, which is especially helpful in areas where smartphone adoption is low. A series of text messages, including a confirmation code at the conclusion of the transaction, are used by customers to complete purchases.

Digital wallets:In order to enable customers to make payments using their phones rather than paper cards, digital wallets securely hold credit card information on a mobile device. Transport tickets, vouchers, and loyalty cards can all be kept in digital wallets.

Encryption and tokenization:In mobile payments, sensitive data is encrypted. Further enhancing security is tokenization, which uses a special digital identification (called a "token") to execute payments without disclosing account information.

Biometric verification:Mobile devices frequently come equipped with biometric sensors, like facial recognition or fingerprint scanners, which add an extra degree of security to transactions.

Cloud-based payments:Payment details are kept on cloud servers by certain mobile payment solutions. Payments are accepted from any device, and unified security management is in place.

Host card emulation (HCE):With an NFC-capable device, HCE enables a phone to function as a physical card without depending on access to a secure element, or chip, which holds private information like credit card numbers.

Application programming interfaces (APIs):APIs allow apps to talk to banking systems and other applications, which makes transactions easier.

Thanks to these technologies, consumers can now use their mobile devices for a wide range of payment-related tasks, such as online shopping, paying for goods and services at physical locations, and transferring money between people.

Cryptocurrency Transactions: A New Frontier in Mobile Payments

The number of people who own bitcoin is growing rapidly, with over 400 million worldwide. This has led to an increase in demand for cryptocurrency payment options in everyday life. Starting a cryptocurrency transaction is easy, as users can simply use their mobile crypto wallet app to send payments to vendors. Specialized payment gateways are also available, which allow businesses to accept cryptocurrency and convert it to regular money quickly. By accepting cryptocurrency payments, businesses can reach a larger customer base and increase their revenues. Many companies, including e-commerce stores, gaming platforms, and Forex platforms, are already accepting bitcoin payments. The best part is that bitcoin payments are faster and cheaper than traditional banking methods.

Advantages of Using Mobile Payment Systems

Advantages of widely used Mobile banking:

Reduce expenses by eliminating costly equipment and setup.

Improve cash flow with faster payments.

Easily integrate loyalty programs for repeat purchases.

Gain insights from customer data for personalized strategies.

Increase customer convenience by accepting payments anytime, anywhere.

Stay competitive by offering multiple payment options.

Mobile banking enhances payment security with encrypted codes.

Simplify bookkeeping with collected business information.

These benefits improve the customer experience and make accepting payments on the go easier.

Conclusion:

The future of payments will undoubtedly revolve around preserving the integrity of cash as a viable payment option, while concurrently expanding and enhancing digital payment solutions. Empowering individuals to select their preferred transaction method based on personal circumstances and preferences is of utmost importance. In order to construct an all-encompassing financial system that caters to the requirements of every participant, it is imperative for businesses, policymakers, and financial institutions to establish resilient digital payment systems alongside a sturdy infrastructure for cash.

FAQ:

What are mobile payment systems?

Mobile payment systems allow you to make payments using your smartphone or mobile device, typically through apps or digital wallets like Apple Pay or Google Wallet.

How secure are mobile payment systems?

Mobile payment systems are generally secure, using encryption, tokenization, and biometric authentication to protect your data. However, security also depends on user practices like keeping your device and apps updated.

What are the benefits of using mobile payment systems?

Mobile payment systems offer convenience, speed, and security. They also support contactless payments, track spending, and often integrate with loyalty programs.

How do mobile payments impact global economies?

Mobile payments boost global economies by increasing financial inclusion, speeding up transactions, and supporting digital commerce, especially in emerging markets.

What technologies are driving the growth of mobile payment systems?

Key technologies include Near Field Communication (NFC), QR codes, biometric authentication, and blockchain, all of which enhance security and convenience in mobile payments.

[9226-7926]

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[aressida]

Major fight against cashless revolution threatens Aussies with $25,000 fine Australian businesses and companies could soon cop huge fines if they don't accept or carry cash. Politicians Andrew Gee and Bob Katter have introduced a bill that aims to keep physical money in circulation.

Read article here: https://au.finance.yahoo.com/news/major-fight-against-cashless-revolution-threatens-aussies-with-25000-fine-231536295.html

DidYouKnow.Ink.

[elementramarketing]

Cashless Health Insurance — Your Shield Against Medical Emergencies

In today’s unpredictable world, health isn’t just wealth — it’s survival. One medical emergency can derail everything — your peace of mind, your finances, and your future. That’s why having a health insurance policy isn’t a luxury anymore; it’s a necessity.

But not just any plan will do. When crisis strikes, you need more than just coverage — you need support that acts instantly. That’s where cashless health insurance steps in.

What is Cashless Health Insurance?

Cashless health insurance allows you to receive treatment at empanelled network hospitals without paying out of pocket at the time of hospitalization. Your insurer directly settles the bill with the hospital, letting you focus on recovery — not expenses.

Why Cashless Health Insurance is Essential for Every Family

Immediate Access to Quality Healthcare During a medical emergency, arranging funds shouldn’t be your top concern. With cashless health insurance, you get admitted and treated without financial delays.

Freedom from Stressful Paperwork In stressful moments, documentation becomes overwhelming. A good cashless health insurance policy offers a hassle-free process, eliminating the burden of claim forms and reimbursement.

Strong Financial Backup The cost of quality treatment is rising. Even short hospital stays can lead to bills in the thousands or even lakhs. A health insurance plan with cashless benefits protects your savings from unexpected shocks.

Wide Network Hospital Coverage Leading insurers tie up with thousands of network hospitals across India to ensure your cashless claim is accepted almost anywhere, anytime.

The Emotional Edge: More Than Just Money

When your child, spouse, or parent falls ill, time stands still. You’re not thinking about bills — you’re thinking about survival. Imagine having to delay treatment because you don’t have the money ready.

With cashless health insurance, the hospital admission becomes seamless. There’s no shame, no panic, no scrambling. Just the assurance that someone’s got your back.

It’s not just a feature — it’s an emotional lifeline in your most vulnerable moments.

What to Consider Before Choosing a Cashless Health Insurance Policy

Hospital Network Size: Choose a plan that includes top hospitals near your home and workplace.

Pre & Post Hospitalization Coverage: A good health insurance policy should include diagnostic tests, follow-ups, and medication.

Daycare Procedures: Many treatments no longer require 24-hour hospitalization. Ensure your plan covers them.

Claim Settlement Ratio: Go with insurers known for fast, transparent claims support.

Coverage for Critical Illnesses: Some plans provide add-ons for serious diseases like cancer, heart disease, etc.

BTW IMF — Your Partner in Health Protection

At BTW Financial Services & IMF, we understand that buying a health insurance policy is not just a transaction — it’s a lifesaving decision. We help you navigate the health insurance landscape and guide you to policies that offer:

✅ Wide network hospital access ✅ Fast and easy cashless health insurance claims ✅ Tailored health coverage for individuals, families, and senior citizens ✅ Transparent advice, no hidden terms

Whether you’re self-employed, salaried, or a homemaker, there’s a right health plan for you — and we’re here to help you find it.

Final Thought: Protect What Matters Before It’s Too Late

Health emergencies don’t send invitations. The best time to act is before something happens. With cashless health insurance, you can stay ready — emotionally and financially.

Your health. Your family. Your future. Protect it all — today.

Contact Us Today for the Right Health Insurance Plan

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We’re not just health insurance advisors — we’re your safety net when you need it most.

[shreejiihospital]

Shreejii Hospital & Research Centre: 75-Bedded Multispeciality Hospital with Cashless Facilities in Kandivali East, Mumbai Western Suburbs

Finding quality healthcare that combines expert medical services with convenience is a top priority for families today. Located in the heart of Kandivali East, Shreejii Hospital & Research Centre stands out as a trusted name in healthcare. As a leading multispeciality hospital in Kandivali East, we are proud to offer a wide range of medical services under one roof, including cashless facilities, specialized ICUs, trauma care, and advanced cardiac treatments.

Book Appointment

A 75-Bedded Multispeciality Hospital Designed for Comprehensive Care

Shreejii Hospital & Research Centre is a modern, 75-bedded facility designed to cater to diverse healthcare needs. Whether you need routine medical consultation or advanced surgery, our hospital is equipped to handle it all. Our team of highly qualified doctors and specialists provides patient-centric care across various disciplines such as Cardiology, Orthopedics, Neurology, Pediatrics, General Surgery, and more.

As a fully equipped emergency care hospital and trauma hospital in Mumbai Western Suburbs, we ensure that patients receive immediate and effective care during critical situations. Our emergency department operates 24/7 with trained emergency physicians, nurses, and paramedical staff always ready to act.

State-of-the-Art 15-Bed ICU for Critical Care

When it comes to life-threatening conditions, access to expert ICU care can make all the difference. Shreejii Hospital houses a fully operational, 15-bed ICU in Kandivali, managed by a skilled team of intensivists and critical care nurses. Our ICU is equipped with cutting-edge ventilators, cardiac monitors, infusion pumps, and other essential life-support systems.

If you are looking for an ICU hospital in Kandivali that combines advanced technology with expert care, Shreejii Hospital is the trusted choice.

Specialized Cardiac Care Services

Heart health requires timely and expert attention. Shreejii Hospital & Research Centre is recognized as a leading cardiac hospital in the region, offering comprehensive cardiac services including diagnostics, interventional cardiology, and cardiac rehabilitation. Our cardiology team specializes in treating heart attacks, arrhythmias, heart failure, and other cardiovascular conditions with the utmost precision and care.

We also have a fully equipped Cath Lab to handle emergency angioplasties and other life-saving cardiac procedures around the clock.

Trauma and Emergency Services: Always Ready When You Need Us

As a dedicated trauma hospital in Mumbai Western Suburbs, we provide immediate and comprehensive care for trauma patients. From accident injuries to critical surgeries, our multidisciplinary trauma team ensures patients receive the best possible outcomes even in the most urgent situations.

Our emergency care hospital facilities are designed to handle complex cases with speed and efficiency, significantly improving survival rates and recovery outcomes.

Convenient Cashless Hospitalization

Navigating healthcare costs can be challenging, but Shreejii Hospital & Research Centre makes it easier with our cashless hospital facility. We have tie-ups with multiple leading insurance companies and TPAs to offer cashless treatment options. Our dedicated insurance desk assists patients in processing claims smoothly, allowing them to focus entirely on their recovery without the added financial stress.

Book Appointment

Why Choose Shreejii Hospital & Research Centre?

● Multispeciality Expertise: Comprehensive care across all major medical disciplines.

● Emergency Ready: 24/7 trauma, ICU, and cardiac emergency services.

● Advanced Technology: Modern ICU, Cath Lab, and diagnostic facilities.

● Patient-Centric Approach: Compassionate care with a focus on comfort and recovery.

● Cashless Facility: Easy and seamless insurance processing for patients.

At Shreejii Hospital & Research Centre, we believe in delivering world-class healthcare with a personal touch. Whether it’s an emergency, a planned surgery, or specialized treatment, you can count on us for reliable and compassionate care in the heart of Mumbai’s Western suburbs.

Experience the difference with Shreejii Hospital & Research Centre — where healthcare meets excellence.

[liberty1776]

When you see a sign like that take your business someplace else.

HERES WHAT NO CASH ACTUALLY MEANS

A cashless society means no cash. Zero. It doesn’t mean mostly cashless and you can still use a ‘wee bit of cash here & there’. Cashless means fully digital, fully traceable, fully controlled. I think those who support a cashless society aren’t fully aware of what they are asking for. A cashless society means:

* If you are struggling with your mortgage on a particular month, you can’t do an odd job to get you through.

* Your child can’t go & help the local farmer to earn a bit of summer cash.

* No more cash slipped into the hands of a child as a good luck charm or from their grandparent when going on holidays.

* No more money in birthday cards.

* No more piggy banks for your child to collect pocket money & to learn about the value of earning.

* No more cash for a rainy day fund or for that something special you have been putting £20 a week away for.

* No more fivers on the side because your wages barely cover the bills or put food on the table.

* No more charity collections.

* No more selling bits & pieces from your home that you no longer want/need for a bit of cash in return.

* No more cash gifts from relatives or loved ones.

What a cashless society does guarantee:

* Banks have full control of every single penny you own.

* Every transaction you make is recorded.

* All your movements & actions are traceable.

* Access to your money can be blocked at the click of a button when/if banks need ‘clarification’ from you which will take about 3 weeks, a thousand questions answered & five thousand passwords.

* You will have no choice but to declare & be taxed on every pound in your possession.

* The government WILL decide what you can & cannot purchase.

* If your transactions are deemed in any way questionable, by those who create the questions, your money will be frozen, ‘for your own good’.

I could write lists for 5 days & still not finish explaining how utterly awful a cashless society would be, for everyone. Even for the goody two shoes who wouldn’t dream of not declaring £500. Forget about cash being dirty. Stop being so easily led. Cash has been around for a very, very, very long time & it gives you control ove https://www.instagram.com/p/CCqbpY_hVlb/?igshid=lidmavfm877b