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Cash is under threat across our planet.
Card schemes hate cash, as they can only wring profit from their debt-creating plastic products.
Visa and MasterCard have both made clear that cash is their enemy. Since 90% of all purchases on our planet are made using cash, this enemy of the card schemes must be the trusty friend of humanity.
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Cheques Bounce Back
Good news for those of you who have a pro-choice attitude towards payment methods, cheques have been saved from the axe after a U-turn by payment chiefs!
Earlier this week, Britain's Payments Council discontinued their plans to abolish the chequebooks by 2018.
Read more about the survival of the cheque here.
http://www.thesun.co.uk/sol/homepage/news/money/3691031/Cheques-bounce-back-in-U-turn.html
Thursday, 14th July 2011
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