This week I wanted to continue writing about how other parts of the world are doing in terms of becoming a cashless society.
Sweden has announced its goal to become a classless country by the year 2030.
Already 80% of payments made in stores are either by debit card, credit card, or though mobile payments, so I believe it is safe to say Sweden will reach their goal in the next 15 years.
However there are both pros and cons for becoming a fully cashless society. In Sweden, although robbery has dropped significantly, fraud has increased; and how to deal with these new challenges are still an ongoing topic of debate.
Already 80% of payments made in stores are either by debit card, credit card, or though mobile payments, so I believe it is safe to say Sweden will reach their goal in the next 15 years.
However there are both pros and cons for becoming a fully cashless society. In Sweden, although robbery has dropped significantly, fraud has increased; and how to deal with these new challenges are still an ongoing topic of debate.
Besides Sweden, Canada and Australia have also expressed their interest in becoming a cashless society. In Australia, a new debit system called EFTPOS is being widely used and hope to make that the primary payment method. Canada estimated that 90% of purchases are already done though cashless means. They have also changed their bank notes from paper to plastic to increase security as well as longevity. And, 2012 was the last year the Canadian penny was minted.
America on the other hand, will not be cashless for a while. The data in 2012 shows that 40% of monthly purchases are still made with cash. There are many people who either choose not to, or are not able to have credit cards or bank accounts in this country. Seeing that cash is still needed to ride a bus or buy drinks from the vending machines, we will have a long way to go to become fully cashless.
There may be risks and costs to becoming a cashless society, but personally I believe it is safer than having cash on hand. I am certain that sooner or later the world will be cashless. But, until those who have favored and used cash for many years are gone, it is difficult for the world to be 100% cashless
I feel that newspapers will be going though the same road.
I feel that newspapers will be going though the same road.
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but I still wanted to post these because I found them interesting.
But I think it just shows the Queen's timeless beauty. Jody Clark, the British engraver who designed the fifth and latest portrait of the Queen, said he worked hard to bring out the Queens soft but warm expression 
Civil rights activist Rosa parks and Previous First Lady Eleanor Roosevelt are a few examples of women considered for this new change. This just shows that many people believe these women have influenced the American History for the better, and deserve the recognition more than Andrew Jackson.
The New Orleans Police received a call from a woman reporting her bag stolen from her unlocked vehicle. According to the credit card company, someone had then used her card to purchase tickets for a football game to see the New Orleans Saints . The police in charge of the case searched up the time of the game, located the seat, and found the 15 year old suspect. Further investigation found that this boy had also previously stolen a vehicle.
In Colorado, the day after a women had lost her wallet, a fraudulent check for a few hundred dollars was written using her name. Two weeks later, when a server at Applebee's asked four individuals for their ID when they ordered their drinks, one of the women handed her the stolen ID card. The server went to the back, called the police, and continued to serve the customers as if nothing had happened until the police arrived. The 29 year old woman was arrested for multiple accounts of ID theft. 
The server's quick thinking saved the day! 
A young lady from Maryland inadvertently left her credit card at the counter of a local grocery store and reported it lost. When the police searched through recent transactions, they found that a movie ticket was purchased a few days before. They pulled up the surveillance videos at the theater and found that this individual had also gone into the photo booth located inside. The police re-printed a nice clear photo of the individual from the photo booth hard drive, asked around the neighborhood and was able to easily identify the suspect.
A man who had his credit card stolen, shared on Reddit that the thief had purchased an iPad. The thief must of been in a rush because when checking out, he did not change the address and the iPad was sent to the person who had his card stolen. He then received a call from someone pretending to be a BestBuy employee, and was told to leave the iPad by the door so they can come and collect what was mistakenly sent to him. Instead of giving the thief the iPad, he gave the police the phone number. 
A man in Iowa, reported that his wallet was stolen from his unlocked apartment. When the police started to investigate, they found loads of obvious evidences. With the stolen card, the suspect bought a carton of cigarettes and signed for. He then purchased coffee, and added it to his own rewards point card. He even tried to go to several palaces to purchase an item for $154.21 after an alert was shown that this card was no longer active. He was caught rather quickly. 