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End Time Prophecies

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Dennis Vogel:

--- Quote from: Wanda on July 11, 2019, 09:20:47 PM ---Dennis,

I was also thinking there is a lot of speculation about moving away from cash all together. I read recently there slowly doing away with atm machines. The purpose is to move everyone to cards for all buying activity.  If that's true, wouldn't a bank card have a chip and numbers?

--- End quote ---

I've never had an ATM card, so don't know for sure.

I know China is mostly cashless. They use their smartphones to pay for everything. But not in the US, at least so far.

indianabob:
I phone users can opt for an application to use their i-phone or i-watch to pay at the check out.
I suppose that it is more likely in larger cities than small towns, but it does work here in the U.S.

Musterseed:
We just tap a debit machine with a card and your money just disappears into
the wild blue yonder, much like sending an e-mail. It even makes the same whoosh sound.🤣

Stacey:
I have a check card, debit card and a credit card. All of them have a chip and almost all the local stores here use card machines that utilize the chip process instead of the swipe process. I can also use Apple Pay to pay for purchases at stores that accept it, just tap my phone on the card machine and my purchase is completed.

ZekeSr:
A minor pushback from the "City of Brotherly Love":

CBS NEWS
Philadelphia is first city to ban cashless stores and restaurants
By Megan Cerullo
Updated on: March 8, 2019 / 3:10 PM / MoneyWatch

Philadelphia has passed a law requiring most retail establishments to accept cash, making it the first U.S. city to ban a practice critics say is discriminatory.
Mayor Jim Kenney last week signed the law, passed by the city council in February, banning stores and restaurants from implementing cashless policies. It will take effect July 1, and business owners who don't comply will face fines of up to $2,000.
Cashless policies are gaining currency in a number of cities, with some business owners saying that handling cash is inefficient and invites theft. But opponents say cashless establishments exclude people who are "unbanked," or those lacking checking or savings accounts. In 2017, 8.4 million U.S. households were unbanked, according to the Federal Deposit Insurance Corporation.

Mike

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