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07-16-2017, 05:36 AM
Visa is bribing small businesses to stop accepting cash
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The future is cashless — especially if Visa has anything to say about it.*
The credit card and payments company is urging restaurants to stop accepting cash with its new Visa Cashless Challenge, which comes with a $10,000 prize.*
“At Visa, we believe you can be everywhere you want to be, and that it should be easy to pay and be paid in more ways than ever, whether it’s a phone, card, wearable, or other device,” Jack Forestell, Visa's head of global merchant solutions, said in a statement (http://pressreleases.visa.com/phoenix.zhtml?c=215693&p=irol-newsarticlePR&ID=2285993). “With 70 percent of the world, or more than 5 billion people, connected via mobile device by 2020, we have an incredible opportunity to educate merchants and consumers alike on the effectiveness of going cashless.” Read more... (http://mashable.com/2017/07/15/visa-cashless-challenge/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Visa (http://mashable.com/category/visa/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cashless (http://mashable.com/category/cashless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Payments (http://mashable.com/category/payments/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Fintech (http://mashable.com/category/fintech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/s8QB6F2gaqA
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The future is cashless — especially if Visa has anything to say about it.*
The credit card and payments company is urging restaurants to stop accepting cash with its new Visa Cashless Challenge, which comes with a $10,000 prize.*
“At Visa, we believe you can be everywhere you want to be, and that it should be easy to pay and be paid in more ways than ever, whether it’s a phone, card, wearable, or other device,” Jack Forestell, Visa's head of global merchant solutions, said in a statement (http://pressreleases.visa.com/phoenix.zhtml?c=215693&p=irol-newsarticlePR&ID=2285993). “With 70 percent of the world, or more than 5 billion people, connected via mobile device by 2020, we have an incredible opportunity to educate merchants and consumers alike on the effectiveness of going cashless.” Read more... (http://mashable.com/2017/07/15/visa-cashless-challenge/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Visa (http://mashable.com/category/visa/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Cashless (http://mashable.com/category/cashless/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Payments (http://mashable.com/category/payments/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Fintech (http://mashable.com/category/fintech/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/s8QB6F2gaqA