Hurry up with that EMV upgrade. Replacing debit cards with smartphones may be next!
- Category: ATM
- Written by Matthew S Daye
Just when you thought the latest round of upgrades to your ATM fleet were finished along comes the next big idea - ATM Cash using a Smartphone. Several banks in the US and Australia, and some pretty big players in the ATM manufacturing and transaction processing space have been testing - and rolling out - the latest ATM cash withdrawal technology. So... will your smartphone one day replace your ATM card?
Though not the oldest form of currency, some form of shell money appears to have been found on almost every continent. The shell most widely used worldwide as currency was the shell of Cypraea moneta, the money cowry.
