Innovative Payment Tools, From the Nacha Electronic Payment to Cashless Cards
By: Katherine Vong - Published: Nov 12, 2009 Updated: Jul 21 2011
Mobile payments are the future and the Nacha electronic payment clearing organization is set to change the rules. It has proposed a new concept for debits authorized and initiated through mobile networks, which has made me realize how different our payment methods are today than what they were, say, fifteen years ago. From personal credit card readers to credit watches, here are some of the most unique ways you can pay!
Implications - Consumers in contemporary society are looking for products that will offer more convenience to their lifestyles. Items featuring a multitasking aspect are appealing to those with fast-paced lives. Creating more designs that will help save time could assist a company looking to increase their value on the market.