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Digital cash takes various forms, from identified methods like credit cards to anonymous alternatives. While credit cards are widely used, they lack privacy compared to more complex and private options. This overview discusses the history and types of digital cash, emphasizing technologies like Electronic Payment Systems (EPS), with PayPal as a prime example. Digital cash is accessible to nearly everyone with funds, offering convenience and new financial opportunities. However, understanding its complexities, from security measures to merchant processing, is essential for responsible use.
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Introduction • Have you ever??
Digital Cash has different forms. • Identified, Credit Cards Most common Less private • Anonymous, Complex Forms Used less Most private
Credit Cards • History • Types. • The Numbers. • The Stripe. • Passwords. • Signatures.
Who can process the payment info? • The merchant themselves. • Most merchants use an “EPS” • Ebay is a major user of an “EPS” • “EPS” Example is Paypal
How is it possible? Advances in Technology Computer Gibberish People want it to work
Who uses it, who can use it? • Everyone with money. • Restriction for certain types.
Where is it used? • Almost Everywhere
Why is it used? • Easier • Many Uses if used correctly • Financial Opportunities • Credit Companies • Stupid people
Is it really money? • Yes • You wouldn’t have to use cash if you didn’t want to. • Its sort of like music.
$?$?$?$?$?$?$?$?$?$?$ • Translates to, does anyone have Digital Cash Questions?