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110 THE CASHLESS SOCIETY The time when the cashless society becomes reality is drawing nearer and nearer. Many methods are already being used in the trade world. EPOS (Electronic Point Of Sale), for example, is only a first step of progress in electronic shopping. The customers will sit at home surveying the merchandise on their television screens and ordering their requirements - and they will have their funds automatically and invisibly transferred from their bank account to that of the store.
Already, shopping over the phone, by quoting credit card numbers, has much the same effect. This plastic money, too, is advancing into an era of automatic debit and credit- soon those tedious waits while sales staff get your credentials checked over the phone will be a nuisance of the past. Modern equipment ‘wipes’the card in a flash, checking that all is in order. What the new technology can't yet do, though, is to check that the person presenting the card is, in fact, you!
