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Cash Is Dying: Over Half Of Australia Is Using Cards And App Payments

The numbers are in: 53% of payments made in Australia are now done with cards or mobile payment apps. Mobile-based tap-and-pay systems have seen a surge in usage of over 200% in the last 12 months. Australians are predicting that our country will be cash free by 2022 (in June, if you want to be really specific). So long, cash! It’s been nice knowing you.

Android Pay Can Be Tricked Into Running On Some Phones Right Now

Android Pay should be rolling soon, but if you can’t wait for “soon”, there are ways to get the app working on your phone now. Well, kind of…

Why Does Montreal Have A Bitcoin Embassy?

In the heart of downtown Montreal, between a boarded-up bar and a poutine shop, there’s a three-story glass building. It looks for all the world like realtor’s office — that is until you spot the sign swaying in the wind: “Bitcoin Embassy”.

Watch A US $50 Note Get Rubbed Off To Reveal A $10 Note

If all the numbers say it’s a 50 dollar note and it feels like a 50 dollar Note… it still might not be a 50 dollar note. This counterfeit $US50 is actually hiding its true self: a 10 dollar bill. And it’s doing a good job too! Since it’s likely that most people’s over trusting eyes would just see the 50 and assume it’s a 50, people wouldn’t even bother to realise that its Alexander Hamilton on the note and not Ulysses S. Grant.

Android Pay Is Google's Plan For The Mobile Payments Future

We suspected that Google would announce a new payments system at I/O, and we were right. Enter Android Pay.

Stratos Card Review: This Smart Credit Card Is Still Too Dumb

Technology is a conquerer. The evidence can be seen in mounds of dead pagers, flip phones, and CDs. When companies and startups agree to kill something off, it’s usually not long for this world. But one piece of tech has become an unkillable cockroach — the credit card.

The Worst PayPal Horror Stories

Yesterday, PayPal agreed to pay customers $US15 million for ripping them off over the past few years. After I wrote about it, reader horror stories started flooding my inbox and comments.

I Got Skimmed In Mexico

When I got back from holidays in Mexico, my bank sent me an alarming email with the subject “Declined Purchases”, which struck me as weird, because I didn’t get declined the whole trip. The bank listed the locations — a perfume store and an Autozone in a town I didn’t visit — and I yelled: “I’ve been skimmed!”

US Federal Reserve's Cold War Bunker Had $US4 Billion Cash For After The Apocalypse

New York and DC are piles of ash, but at least your cheques are clearing. That was the idea behind the Culpeper Switch, a sprawling bunker built by the US Federal Reserve to keep the banks running after nuclear apocalypse. But even some Cold War-era politicians thought it was silly.

Neat Animation Shows What European Coins Looked Like Before The Euro

The German mark. Lithuanian litas. Estonian kroon. Irish pound. Slovenian tolar. Portuguese escudo. Greek drachma. Slovak koruna. Maltese lira. Finnish markka. Dutch guilder. Spanish peseta. Luxembourgish franc. Belgian franc. Italian lira. Cypriot pound. Austrian schilling. French franc. Latvian lats. All got replaced by the euro.

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