South Korea could soon bid farewell to coins—for good

Tech 1 week ago Mashable 15
TwitterFacebook

South Koreans can soon say goodbye to coins jiggling in their pockets. 

The Bank of Korea launched on Thursday a project allowing people to deposit their spare change into prepaid card value.

That means they'll be able to get their change at major supermarkets and convenience stores deposited into their cards, rather than receiving physical cash.

SEE ALSO: 25 Technologies Every Smart City Should Have

If the trial proves successful, the bank says it'll expand the service to more retail outlets such as supermarkets and pharmacies.

There are even plans to enable loose change to be deposited straight into bank accounts by 2018. Read more...

More about Mint, Coins, Korea, and Business
Read The Rest at Mashable

Pages

Archive