Exact(10)
He wants Square to be involved in every step of the transaction process by replacing cash registers, loyalty cards and paper receipts.
Mr Kingman congratulates himself and his team for having cut a deal on bonuses at RBS (replacing cash payments with deferred promises, subject to clawback, in the shape of subordinated debt).
"Replacing cash compensation with 'at risk' restricted units tied directly to the price of our stock further aligns executive and stockholder interests, and balances performance for the near-term and longer-term strategic objectives," the memo said.
Banks are very excited about replacing cash.
In today's Web 3.0 personal data rich economy, reputation is replacing cash, Fertik believes.
Currently contactless bank cards are already accepted by TfL as an alternative to its Oyster cards on London buses, replacing cash as a payment option earlier this month.
Similar(50)
In Africa, where many people do not have credit cards, mobile phones have often replaced cash.
That's obviously true if CoCos replace cash compensation, but it's also potentially the case versus plain old shares.
Even if the phone and the smart card replace cash, who gets to collect the fees remains open to contention.
It is in part intended to replace cash that has left China, not just to inject extra money into the economy.
The only way to revive the First Amendment is to create a system where ideas replace cash — remove money entirely from the political process.
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