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Issue Date: Vol. 52, No. 8, August 2012, Posted On: 7/11/2012

CNN Ponders Whether 'The Death Of Cash' Is Imminent

by Staff Reporter
cashless vending, payment trends, vending machine, mobile payments, payment apps, electronic wallet, CNN segment, smartphones act as credit card readers, Jill Schlesinger

A CNN segment that aired this week explored whether new apps that let smartphones act as credit card readers signal that paper money will soon be a thing of the past.

CBSMoneyWatch.com's Jill Schlesinger speculated that widespread adoption of the new technology is unlikely until Apple gets on board.

View the CNN segment by clicking here.

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