How a photograph on PayPal shows the end for cash The days of fumbling for cash or trying to remember a credit card pin number could soon be over – a new service from payments company PayPal now means shops can identify customers and charge them via a simple photograph.
Credit cards have become a normal part of life. There are even merchants that no longer accept cash or checks now, such as airlines, hotels and car rental agencies. If you don’t qualify for a credit card or are committed...Read more
R.I.P checkbook, adios PIN number: How you'll manage your money in 2020
A team of security researchers in Germany found that any card data may be stolen right off the terminals designed to protect it. This risk can not be easily fixed. Not only customers but shops can find this technology turned against them. The German researchershas discovered a way to steal payment card data from terminals without the need for a skimmer or POS hardware thats been compromised. The researcherswere able to do it over an ordinary WiFi network. When a Russia Today reporter paid…