cashless society, Daily News, E-Money, Issuing & Acquiring -

The cashless society – what happens when the power goes out?

Bloomberg recently reported that the Fed was forced to fly a planeload of cash to Puerto Rico to help avert disaster, when Hurricane Maria knocked out power on the island, the residents realized they were going to need physical cash — and a lot of it. William Dudley, the New York Fed president, put the word out within minutes, and ultimately [...]

The post The cashless society – what happens when the power goes out? appeared first on Payments Cards & Mobile.