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Cache Not Accepted Here Either Traditional Cache

Hidden : 10/8/2022
Difficulty:
1.5 out of 5
Terrain:
3.5 out of 5

Size: Size:   regular (regular)

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Geocache Description:


DEBIT OR CREDIT ONLY!!!!!

 

 

 

 

The payments landscape is shifting fast in Canada as new technologies enable new consumer habits.The disappearance of cash is the most visible change in payments over the last few years, but not the most important.The most recent quarterly review from the Bank of Canada has found that increased use of credit cards is eating away at conventional debit transactions as well, particularly among millennial consumers. The spike in credit card use is linked to the rollout of new payment technologies, which are gaining popularity. Credit cards enabled with contactless technology no longer require holders to swipe the magnetic strip or sign a receipt. Designed to mimic the convenience of cash, the cards come with a microchip that can complete a transaction within seconds with only a wave or tap at a payment terminal. Eighty-nine per cent of adult Canadians have at least one credit card and this method of payment is the choice for the overwhelming majority of retail e-commerce transactions.

Exit Trans Canada  at N 49 44.216  W 94 39.684

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