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The Evolution of Payment Systems

March 3, 2017

Have you ever wondered what a world without cash would look like? Society is closer to this now than ever before. But like it or not, we are still tied to money for the majority of our transactions.

Despite calls that a new revolution is underway for digital payments, it seems that fintech innovation is still very incremental and evolutionary. Most of these apps serve as little more than digital versions of cash or credit card payments. They simply offer a way to pay for individual services electronically rather than adding some new innovative way to view payments and money in general.

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