Post Tagged with: "cash"

Paying for Black Friday and Beyond: Card Strategies for the Holidays

by November 23, 2015 at 10:11 am 0 comments

Black Friday and its online sibling Cyber Monday are upon us again. The ads are everywhere and the preview circulars are available online. Just as you are creating your plan of attack for the wee hours of November 27th, you would be wise to consider the various payment options forRead More

Startup Piddly Aims to Eliminate ATM Fees [VIDEO]

Startup Piddly Aims to Eliminate ATM Fees [VIDEO]

by September 2, 2015 at 11:48 am 0 comments

“Sorry, no cards — we’re cash only.” This depressing refrain sends many a millennial scuttling to the nearest ATM, where he will likely pay $2 or $3 so that the merchant can avoid a swipe fee. The cap on debit fees brought about by the Durbin Amendment seems to have done nothing to curbRead More

Everyone Can Become an ATM with MoolahMe

Everyone Can Become an ATM with MoolahMe

by May 4, 2015 at 11:07 am 3 comments

MoolahMe, which was a runner-up at this weekend’s TechCrunch Disrupt hackathon, wants everyone to be an ATM. Here’s how it works: Let’s say you need some cash. You put a query out for someone to give you, say, $20. Someone who has $20 of cash nearby will indicate that sheRead More

Here’s What a Cashless Society Looks Like [VIDEO]

by November 3, 2014 at 9:45 am 0 comments

Want to know what a cashless society might look like? Check our Sweden, where cash is used in but 41% of transactions, compared to 55% in the United States — an appropriate preview to Money2020, which starts today in Las Vegas.

Cash Is Still King

Cash Is Still King

by June 2, 2014 at 3:02 pm 0 comments

There are between 60 million and 100 million cash-preferring consumers in the U.S. That’s about the population of the nation’s four largest states – California, Texas, New York and Florida – combined. In April, the Federal Reserve released a paper called the “Diary of Consumer Payment Choice” (DCPC) that featuredRead More

MasterCard: Use Cards Because Cash Is … ‘Dirty’?

by May 8, 2014 at 6:07 pm 1 comment

Sorry, cash-dependent customers, you’re using a dirty instrument. What is MasterCard‘s marketing pitch these days? Calling cash use a “dirty habit,” as it did in a marketing video released this week. We’re not kidding. MC’s sullying (sorry, we couldn’t resist) the use of cash, because, uh, plastic cards are perfectlyRead More

Piggy Eliminates Change — and Card Fees

Piggy Eliminates Change — and Card Fees

by April 22, 2014 at 12:05 pm 0 comments

It’s no secret merchants love being paid in cash – and it’s certainly not a surprise that some customers hate lugging around change. A new startup aims to increase customers’ cash usage to help merchants save on credit card fees. It does it by forwarding the change a customer wouldRead More

People Have No Idea How Much They Spend on ATM Fees

People Have No Idea How Much They Spend on ATM Fees

by January 24, 2014 at 10:36 am 2 comments

How much did you spend on ATM fees this month? Chances are, you guessed less than half the actual amount, according to research from Personetics. The White Plains, N.Y.-based company, which focuses on the digital customer experience, recently conducted a study of behavior around ATM fees and found that 30%Read More

Rise of the Branchlet

by April 17, 2013 at 4:23 pm 3 comments

Despite the hyperbole, the future of the bank branch is far from bleak. It’s actually in a rapid state of mutation, evolving into two distinct species. The first, and most familiar, is located in vibrant, upscale geographies. It’s reaching higher, both physically with its shimmering glass walls, as well asRead More

The Best Money in the World

The Best Money in the World

by December 26, 2012 at 9:24 am 0 comments

Have you ever wondered why United States currency is still greenback-ed, while seemingly every other nation in the world goes tutti-fruitti with its bills? Well, someone who goes by the username leroideschoux via Gizmodo, a fun tech blog, did. Its conclusion: that dollars would look awful in color, as evidenced atRead More