Why cash is losing its currency: Change is coming - and it may mean change is on its way out. And we're not just talking pocket change - paper money, too. Correspondent Lee Cowan looks at how technology is rapidly changing how we spend our money. Checks and credit and debit cards have been around for years, but now there are digital wallets that can link you and a merchant through smart phones and tablets. You can now do all your ordering and purchasing without ever opening a wallet or swiping a card.
For many, this is a good thing: Merchants can tailor offers to individuals, and customers get convenience and more control of their money. Plus, cash is expensive to make, distribute and secure. It's the currency of crime. And it's filthy!
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