Cash crisis pushes Libyans to virtual payments
When a cash crisis struck the war-torn North African country of Libya, many people were forced to queue for days to withdraw their savings.
When a cash crisis struck the war-torn North African country of Libya, many people were forced to queue for days to withdraw their savings.
Business
Aug 7, 2017
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Yang Qianqian holds out her smartphone to scan a barcode on the mobile of a vendor selling fresh fruit and vegetables at a bustling outdoor market in Beijing.
Business
Jul 23, 2017
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Twitter's co-founder outlined plans to make cash registers a thing of the past on Thursday as he held a global launch for new software that he said would help small businesses grow.
Business
Nov 20, 2014
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Attempt at your own risk: For an entire week, I left all my cash and credit cards at home to see how well wallet-free mobile services work in the real world.
Business
Nov 11, 2014
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Forget ka-ching. It's all tap-tap these days. Restaurants and shop owners fed up with antiquated cash registers and expensive credit card terminals are switching to cheaper devices that plug into smartphones and tablets. ...
Business
Jun 20, 2013
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A computer glitch left Italian Post Office customers in the red by processing card transactions at 100 times their value, Italian press reported Thursday.
Other
Nov 26, 2009
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Late last year, the Reserve Bank gave 1,000 Australians diaries and asked them to record every payment they made over the course of a week. Of the 13,000 payments, only 17 were with checks.
Economics & Business
Jun 20, 2023
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Most of the world's domestic workers—(76%)—are women. They mainly do housework like cleaning, washing clothes, cooking and childcare, usually in private households. Domestic workers often have low incomes and are excluded ...
Economics & Business
Sep 22, 2022
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The demand for cash increases in times of crisis since many people consider banknotes and coins to be a particularly safe way to keep money. Moreover, cash is the only instrument of payment that is largely independent of ...
Mathematics
Jun 1, 2022
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The concept is simple and seductive: Give people cash, lift them out of poverty. It's a strategy increasingly being used in both lower- and higher-income countries to help poor people.
Economics & Business
Mar 17, 2021
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