Cash isn't dead yet...

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Cash isn't dead yet...

03-13-2007, 12:02 PM,

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mandy Offline

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Cash isn't dead yet...

Quote:Cash is going to stick around for a long time to come, according to industry watchers - despite claims from payments giant Visa that notes and coins are on the way out.

Peter Ayliffe, chief executive of Visa Europe, said in an interview with The Independent on Sunday that by 2012 using credit and debit cards should be cheaper and more convenient than cash.

And he said some retailers could soon start surcharging customers if they choose to buy products with cash because of the greater cost of processing these payments...

full article: http://www.silicon.com/financialservices...297,00.htm

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