Emerald Business Systems Blog

At Checkout, More Ways to Avoid Handling Cash or Plastic

Posted in Online Business,PCI,POS by ebs4pos on November 16, 2009

For almost as long as Americans have been hearing about jetpacks and picturephones, they have been hearing that money — bills, coins and plastic cards — might cease to exist, or at least become a novelty.Instead of leather wallets, consumers could, sooner than they think, carry virtual wallets, with their credit card and bank information stored on remote computers that are accessible everywhere and anytime. They could use them whenever they want to buy something, whether on the Web, on cellphones or at cash registers.With a new cellphone application called ShopSavvy, for instance, a shopper can use the phone’s camera to scan an item’s bar code in a store to see if it is available for less online. If so, the shopper can buy it with one click if they have already entered their credit card and shipping information on PayPal’s Web site.

via At Checkout, More Ways to Avoid Handling Cash or Plastic – NYTimes.com.


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