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Cashless Society is a coming - Israel & USA intending to lead the way

 
usmjam
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05/30/2014 10:51 AM
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Cashless Society is a coming - Israel & USA intending to lead the way
Talk of a coming cashless society seems to be turning to specific proposed steps, with Israel intending to lead the way. See the following less-than-50% quotes from just a few articles:

A special committee headed by Prime Minister Benjamin Netanyahu’s chief of staff, Harel Locker, has recommended a three-phase plan to all but do away with cash transactions in Israel.
 Quoting: [link to www.israeltoday.co.il]


The Cabinet on Tuesday, 13 Tishrei 5774, unanimously approved the establishment of a team to evaluate reducing the use of cash. The team, to be chaired by Prime Minister’s Office Director-General Harel Locker, has been authorized to formulate an outline on a policy for reducing and restricting the use of cash as a means of payment in the Israeli economy.............
According to data presented to the cabinet by the Bank of Israel, the public is naturally moving toward using electronic means and there is a need to oversee the process in order to verify that it is being carried out properly. In the world this is known as a cashless society.
 Quoting: [link to www.theyeshivaworld.com]


But paper money is a 19th-century technology that has barely changed in 15 decades. Since the mid-1990s, cash has been in decline, according to a Federal Reserve estimate.

It now faces stiff competition not only from credit cards but also from smartphones that promise businesses a way to advertise to customers before they pay or to offer them coupons, sort of like printing a little ad next to George Washington's face or bumping up the value of a dollar bill to a dollar and 15 cents.

"The mobile device becomes a new marketing channel for merchants to use," said Randy Vanderhoof, executive director of the industry group the Smart Card Alliance.
 Quoting: [link to www.jewishworldreview.com]

Interesting that the last article about the USA heading to cashlessness is from jewishworldreview.com
Anonymous Coward
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05/30/2014 11:24 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Interesting that the last article about the USA heading to cashlessness is from jewishworldreview.com
 Quoting: usmjam


The whole western banking is Jewish. The Mark will be as well
Anonymous Coward
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05/30/2014 11:26 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Interesting that the last article about the USA heading to cashlessness is from jewishworldreview.com
 Quoting: usmjam


The whole western banking is Jewish. The Mark will be as well
 Quoting: Anonymous Coward 1342816


hesright

shitstream Zionists
Anonymous Coward
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05/30/2014 11:32 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
That's how they'll end alt coins. A new "official" unit will appear that will be universally adopted/accepted by everyone.
Anonymous Coward
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05/30/2014 11:32 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
That\'s how they\'ll end alt coins. A new \"official\" unit will appear that will be universally adopted/accepted by everyone.
 Quoting: Anonymous Coward 50815055


Except the poor.
Anonymous Coward
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05/30/2014 11:36 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Ca. 90% of all Japanese ATM are Offline after 7pm until next Morning,
ca. 75% do not accept foreign Cards like Visa or Master Cards,
between New Year or Golden Week they are not Online at all!
Anonymous Coward
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05/30/2014 11:38 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Why is Israel in on this.... wow

Who is running the USA????????????
Anonymous Coward
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05/30/2014 11:39 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Yep the NEW WORLD ORDER is coming.....

it's Coming.....

choruschoruschorus

That's how they'll end alt coins. A new "official" unit will appear that will be universally adopted/accepted by everyone.
 Quoting: Anonymous Coward 50815055
Abinadi
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05/30/2014 11:39 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Interesting that the last article about the USA heading to cashlessness is from jewishworldreview.com
 Quoting: usmjam


The whole western banking is Jewish. The Mark will be as well
 Quoting: Anonymous Coward 1342816


the MARK is the fake money and your social security number. and YOUR debit card with your bank account. You are already well marked.
YOU ONES, AND I WILL KEEP POSTING THIS, NEED TO UNDERSTAND THERE ARE MANY OBAMI WITH COMPUTERS UNDER THOSE MASSIVE HEAD SCARS.. THE OBAMI ARE CYBORGS AND THAT IS THE GREAT BIG GORILLA IN THE ROOM. AND LOOK AT JOHN KERRY,, THEY HAD THAT CYBORG ALSO ON TV THIS MORNING.. HE HAS ENOUGH HAIR TO COVER THE SCARS…. OR IS WEARING A WIG. PEOPLE YOU HAVE TO LEARN TO NOTICE THIS WHICH IS EVIL…. WHO MAKES THE CYBORGS AND WHY IS AN IMPORTANT QUESTION.
Abinadi
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05/30/2014 11:39 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Yep the NEW WORLD ORDER is coming.....

it's Coming.....

choruschoruschorus

That's how they'll end alt coins. A new "official" unit will appear that will be universally adopted/accepted by everyone.
 Quoting: Anonymous Coward 50815055

 Quoting: Anonymous Coward 24289757


NOPE, the BRIC countries and other trading groups are NOT GOING ALONG WITH IT.
YOU ONES, AND I WILL KEEP POSTING THIS, NEED TO UNDERSTAND THERE ARE MANY OBAMI WITH COMPUTERS UNDER THOSE MASSIVE HEAD SCARS.. THE OBAMI ARE CYBORGS AND THAT IS THE GREAT BIG GORILLA IN THE ROOM. AND LOOK AT JOHN KERRY,, THEY HAD THAT CYBORG ALSO ON TV THIS MORNING.. HE HAS ENOUGH HAIR TO COVER THE SCARS…. OR IS WEARING A WIG. PEOPLE YOU HAVE TO LEARN TO NOTICE THIS WHICH IS EVIL…. WHO MAKES THE CYBORGS AND WHY IS AN IMPORTANT QUESTION.
Anonymous Coward
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05/30/2014 11:40 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
[link to www.telegraph.co.uk]



Steve Perry, executive vice president of Visa Europe, says cash is expensive - a cost on society - and should be replaced by a cashless society.

By Philip Aldrick
Published: 6:25PM GMT 11 Jan 2010

Is a cashless society on the cards? Steve Perry, executive vice president of Visa Europe, says cash is expensive - a cost on society - and should be replaced by a cashless society.
Steve Perry, executive vice president of Visa Europe, has a different take on the folding stuff packed in our wallets that most of us take for granted. "Cash is expensive," he says. "We need to be using it less."

Expensive? Vintage wines, maybe. Designer clothes, yes. Modern art, almost certainly. But cash?


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He has me stumped there. I tell him I always thought of it as a service for overdrawn students to drive a few more sales through the tills.

"No," he responds politely. "It's because they want cash out of the system so there is less to manage. Processing a transaction on a card can be cheaper than handling cash."

Perry is a leading cheerleader for the cashless society. It's hardly a surprising role, but its an argument he is finding increasingly easy to make. Last month, for example, the Payments Council announced to anguished outrage that in 2018 the cheque would be dead.

"There are many more efficient ways of making payments than by paper in the 21st century, and the time is ripe for the economy as a whole to reap the benefits of its replacement," Paul Smee, chief executive of the Payments Council, said.

Perry extends the same argument to cash. Notes and coins are never going to be fully replaced, he accepts. Currency has, after all, been around in some form or another since 3,000BC. But now that we're in the electronic age, payments could do with a little catching up, he reckons.

Visa has recently published an extensive report on the cost of cash to society. Citing numerous independent papers by consultants and national governments, the payments company constructs a compelling case.

"The European Commission has calculated that the total cost to society of all payment methods including cash, cheques and payment cards equates to 2pc-3pc of GDP," the report states. "To put this figure into context, it should be remembered that the entire EU agricultural sector equates to 2.1pc of GDP, which means we spend more on payment than we produce on food."

The EC estimates that cash accounts for more than two-thirds of the total cost. McKinsey, the consultants, have estimated that "society spends about €200 (£180) a year per person to cover the cost of cash" and the "real" cost of cash to a retailer is 1.3pc of the purchase price – no less than the transaction fee on a card. The Dutch central bank has published a similar study, estimating the annual cost of cash at €300 per family.

Because cards are less risky (the associated cost is estimated at 0.02pc-0.1pc per transaction on cards compared with 0.1pc-0.2pc with cash) and encourage spending, they are more efficient and better value, Visa argues. Furthermore, card transaction fees are expected to fall, with some countries in Europe such as Denmark already offering free debit card services to retailers.

In the UK, Perry estimates, £1 in every £2.50 is spent on cards. He hopes to see the ratio reversed, with £2 in every £3 on cards by 2015. Of course, that would mean more business for Visa but, he claims, it would also mean less waste through cash security and cash handling costs.

A few years ago, changing consumer behaviour to such a degree would have been unthinkable. Perry says the internet and "chip and pin" have changed all that. Online retailers have helped the public grow familiar with card purchases, while chip and pin has reduced the incidence of fraud from 0.07pc to 0.05pc.

In the EU, according to the European Central Bank, €1.68 trillion was spent on cards in 2008 and use has been growing at 12pc a year for the past five years. Debit card spending this year in the UK is expected to overtake cash spending by value for the first time.

Perry believes the UK consumer is ready, citing the massive increase in the use of debit cards. Visa, best known for credit cards, now generates 70pc of its European business through debit cards.

Other countries are not so enlightened, he notes. Germany is still so nervous about card payments that some online retailers offer a service where they collect the cash at the customer's door on delivery. Others are more technologically savvy. South Korea introduced a preferential VAT treatment for consumers paying with cards to encourage the move to cheaper, cashless payments. Subsequently, the share of cash payments fell from 40pc in 2002 to 25pc in 2006.

For Visa, the challenge now is the 80pc of all transactions that are still made in cash – largely small ticket items such as newspapers and snacks. Visa has been pioneering contactless payments, that allow swift purchases by waving the card over a reader and dispensing with a pin – making buying with a card even more effortless than with cash.

Perry believes 2010 will be the year contactless takes off, with the total number of cards in use rising from 5m to 15m. Barclaycard has already 1m customers on its "onepulse" card.

Visa's new vision is to insert chips into mobile phones and do away with cards altogether. Antony Jenkins, chief executive of Barclays' global retail bank, already has a "onepulse" enabled phone and more prototypes are being trialled at Visa's innovations suite. The difficulty is persuading mobile phone manufacturers to build a handset that can store a chip and antennae.

Jenkins believes contactless mobile phones are the future and will open the door to fully mobile banking. Soon enough, people will be receiving, making and managing their payments on mobile phones, he reckons. In Africa, six million people are already paying for goods on their mobiles, proving that electronic payment systems can be more reliable and secure than cash.

Of course, cash will never be fully replaced. It's the currency of the black economy for a start, which is one reason why the authorities would like it used less and less. In Italy, for example, the black economy is estimated to be 40pc of GDP and 12pc in the UK. It's also proved remarkably adaptable over the past five millenia. For Visa, though, there is still ample room for cards.

 Quoting: Dead Man Walking 795057
Anonymous Coward
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05/30/2014 11:42 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Yep the NEW WORLD ORDER is coming.....

it's Coming.....

choruschoruschorus

That's how they'll end alt coins. A new "official" unit will appear that will be universally adopted/accepted by everyone.
 Quoting: Anonymous Coward 50815055

 Quoting: Anonymous Coward 24289757


NOPE, the BRIC countries and other trading groups are NOT GOING ALONG WITH IT.
 Quoting: Abinadi


You'll see.
Anonymous Coward
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05/30/2014 11:43 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Cash is how they ended barter.
Abinadi
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05/30/2014 11:44 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Yep the NEW WORLD ORDER is coming.....

it's Coming.....

choruschoruschorus

That's how they'll end alt coins. A new "official" unit will appear that will be universally adopted/accepted by everyone.
 Quoting: Anonymous Coward 50815055

 Quoting: Anonymous Coward 24289757


NOPE, the BRIC countries and other trading groups are NOT GOING ALONG WITH IT.
 Quoting: Abinadi


You'll see.
 Quoting: Anonymous Coward 50815055


The NWO is not going to FULLY manifest, it is in fact beginning to crumble. I do see that coming. God has made an intercession thru the BRIC and other trading groups and their leadership.
YOU ONES, AND I WILL KEEP POSTING THIS, NEED TO UNDERSTAND THERE ARE MANY OBAMI WITH COMPUTERS UNDER THOSE MASSIVE HEAD SCARS.. THE OBAMI ARE CYBORGS AND THAT IS THE GREAT BIG GORILLA IN THE ROOM. AND LOOK AT JOHN KERRY,, THEY HAD THAT CYBORG ALSO ON TV THIS MORNING.. HE HAS ENOUGH HAIR TO COVER THE SCARS…. OR IS WEARING A WIG. PEOPLE YOU HAVE TO LEARN TO NOTICE THIS WHICH IS EVIL…. WHO MAKES THE CYBORGS AND WHY IS AN IMPORTANT QUESTION.
Abinadi
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05/30/2014 11:45 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Cash is how they ended barter.
 Quoting: Anonymous Coward 50815055


the cashless society fully imprisons the world, because everything is digital and you can't even pay the neighbor kid to mow your lawn unless he has a little paypal type card reader.
YOU ONES, AND I WILL KEEP POSTING THIS, NEED TO UNDERSTAND THERE ARE MANY OBAMI WITH COMPUTERS UNDER THOSE MASSIVE HEAD SCARS.. THE OBAMI ARE CYBORGS AND THAT IS THE GREAT BIG GORILLA IN THE ROOM. AND LOOK AT JOHN KERRY,, THEY HAD THAT CYBORG ALSO ON TV THIS MORNING.. HE HAS ENOUGH HAIR TO COVER THE SCARS…. OR IS WEARING A WIG. PEOPLE YOU HAVE TO LEARN TO NOTICE THIS WHICH IS EVIL…. WHO MAKES THE CYBORGS AND WHY IS AN IMPORTANT QUESTION.
Anonymous Coward
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05/30/2014 11:47 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Interesting that the last article about the USA heading to cashlessness is from jewishworldreview.com
 Quoting: usmjam


The whole western banking is Jewish. The Mark will be as well
 Quoting: Anonymous Coward 1342816


hesright
Wayfaring Stranger

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05/30/2014 11:50 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
In the card reader you can use with your phone why is there a 2.75% charge for each transaction rather that $0.50 per use?
That should magnify the banks profit by about 200%
Anonymous Coward
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05/30/2014 11:52 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
Nothing in your hand?
Then nothing that you own.

Imagine that they decide you arent going to have any more access to your precious, what then?

Central control is all that's needed to starve you to death.
Pinocchio Goes to Israel
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05/30/2014 11:53 AM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
This has been in the making for a long, long time. This way they can track every single purchase that you ever make and manipulate accordingly. This nation needs to implement an entirely new cash currency away from the banksters. May a new man one day rise from no wheres and send these people to the home that they claim was theirs all along. Leave the military and gold behind, Shyster.
:o)
usmjam (OP)

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05/30/2014 12:59 PM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way
This has been in the making for a long, long time. This way they can track every single purchase that you ever make and manipulate accordingly....(snip)
 Quoting: Pinocchio Goes to Israel 58658110
Yep, the excuse from TPTB is that cash needs to be eliminated in order to stop illegal activity such as drug trafficking and such. They always put some excuse for their implementation of total control.

Last Edited by usmjam on 05/30/2014 01:03 PM
Anonymous Coward
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05/30/2014 01:22 PM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way

 Quoting: usmjam


the MARK is the fake money and your social security number. and YOUR debit card with your bank account. You are already well marked.
 Quoting: Anonymous Coward 1342816




bsflagbsflagbsflag

sorry but your wrong... Revelation 13:16....It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads,

The bible is very clear....on the right hand or on the forehead.......nobody is marked as of now. When that time comes, one will know without a doubt who/what is requiring it and why.
usmjam (OP)

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05/30/2014 02:35 PM
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Re: Cashless Society is a coming - Israel & USA intending to lead the way

the MARK is the fake money and your social security number. and YOUR debit card with your bank account. You are already well marked.
 Quoting: Anonymous Coward 1342816




bsflagbsflagbsflag

sorry but your wrong... Revelation 13:16....It also forced all people, great and small, rich and poor, free and slave, to receive a mark on their right hands or on their foreheads,

The bible is very clear....on the right hand or on the forehead.......nobody is marked as of now. When that time comes, one will know without a doubt who/what is requiring it and why.
 Quoting: Abinadi
His idea that these cashless methods of buying & selling are the actual mark of the beast may indeed be incorrect but not triple BS imho. These cashless methods definitely are setting up the groundwork for the implementation of the actual mark. In order for everyone to be required to take the mark the overlords first must do away with all other methods of conducting buying & selling. I'd not be so harsh on him there brother, he at least understands that the move to cashless society is being orchestrated by those who follow evil and is meant to subjugate.

On another note, there are those who believe the biblical reference to a "mark" on the head is actually talking about a cerebral free-will acceptance of the NWO's satanic economy & rule and the reference to the right hand is the work done which effectively supports the NWO by our actions even if one's conscience tells you it's wrong to go along with the program. Me, I believe it'll be an actual mark; from something like a high-tech stamp or microchip.

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