Written by Steve Beecroft and Published by RFID Journal July 27, 2009:
In recent times, we have seen a surge in e-payments, or what has now been termed cashless payments What is the cause of this gallop toward removing cash from some environments? Well, that is simple—cost savings, revenue generation and improved efficiencies.
The 2010 Football World Cup, in South Africa, and the 2014 basketball World Cup, in Spain, have plans for cashless facilities, and the 2009 German F1 Grand Prix, in Nurnberg, has already implemented a cashless solution. To demonstrate how increasingly important cashless technology has become to sports venues, Sandra Alzetta, Visa Europe's senior VP for consumer market development, said, "The aim is for a cashless Olympic Games in London in 2012."
Many types of organizations have implemented cashless solutions, including.........
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