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Showing posts from January, 2014

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Digital Currency - Cashless Society and Future of Money

  What can replace cash? Due to lots of innovation in this 21st century, nothing seems impossible around the globe. Reality is in front of us, as money will strip off its tangibility and cryptocurrency will appear out as individual units for virtual exchange. This requirement can be fulfilled with the help of Internet, iPhone or any Android-Gadget. Cashless transactions are practiced globally. Various countries like India, Sweden, and Belgium etc... have taken a back step from paper currency. Sweden has an objective to become the first country in terms of cashless economy. Two years ago, demonetization took place in India and most of the population in Belgium does their payment through cards or mobile phone apps. Even, there is a creation of law to limit the cash transactions up to a certain amount. The capability of digital currency Exchange There is a great opportunity for everyone to invest in tokens. The waves related to Cryptocurrency may give an allowance to receive the tokens w

The Ins and Outs of Balance Transfer Cards

Image Courtesy: money.uk.msn.com Introduction Recent statistic published on Love Money has revealed that one in three of those who take out a balance transfer credit card fail to repay it within the interest free introductory period. Rather more worryingly the average outstanding debt at the end of the interest free period is £2,400 moreover 20% borrowers lost their interest free deal because they’ve broken the terms of the agreement.