capstone

2. What is a Cashless Society?
what is says
Exactly
No paper money or coins
Everything is electronic

3. Software and Hardware Used
EPS – Electronic Payment System

 EFT- Electronic Funds Transfer
 Microchips/Smart Cards
 Fingerprints
 Retinal

6. Impacts of a Cashless Society
Transition process

Education process

Economic implications

Universal acceptance

What’s next?


7. Security Benefits
Electronic means of recognition

 Verification records of all transactions
 Computer errors are far less common
than human errors
 Money w

8. Security Risks
Misuse of technology

 Potential for a new crime frontier
 Less regulation and scrutiny
 Economic woes

9. Cashless Controversies
Much less privacy

 Wasteful spending
 People taking on more debt
 Bad for those who are reliant on cash

10. Final Thoughts
Beneficial once accustomed

 Less Errors
 More secure in a sense but still risks
 Cash dependent people/organizations in
tough situations.
 Money Talks

11. Works Cited
http://www.creditcards.com/credit-card-news/cashless-society-impact-

1264.php
http://news.bbc.co.uk/2/hi/business/7894666.stm

http://www.washingtonblade.com/2003/12-

19/news/national/SalvationArmy.jpg
http://freespace.virgin.net/karl_and.gnome/Images/CHAIN.gif

http://aftermathnews.wordpress.com/category/cashless-society/

http://www.youtube.com/watch?v=ybKSwuIHvL8

http://www.mariecurie.org/members/only/Visa.jpg

http://www.tacoma-selfstorage.com/images/mastercard_transparent.gif

http://www.banks.com/blogs/credit/wp-

content/uploads/2008/07/105_american_express.jpg
http://www.squaredot.com/paypal.jpg

http://www.paypal.com

http://www.ezpass.com


12. Web Site Link
See our awesome website!!!
