An Introduction to Digital Money
The final evolution of money as we know it is digital. This includes credit and debit cards, store cards, paypal type transactions, direct debits and cheques. The transferrer and the receiver can complete the transaction without physically seeing the other. All of these cards all linked to a person or organisation so only the named person or company representative can conduct the transaction legally.
With each new type of payment method, society appears to get even further removed from 'money' in it's original form, after all, digital money is mereley a representation of funds.
New forms of money create new ways for criminal activity, in this case identity theft is a very worrying aspect of modern day life, particulary where online banking is concerned.
How to stay safe when using digital money...
