Electronic Money

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I feel Coastal Mart gains customers because of its convenience. I buy gas there and find this method of paying very convenient, especially if I am in a hurry. I also think debit cards are very convenient elsewhere as well as less expensive than writing checks for everything. Generally I only write checks for monthly bills. With the rise in technology I could opt for most of my monthly bills to be paid for through electronic transfer also. I am not sure why I have not chosen to reduce my check writing further, other than I am still a little leery of someone having access to my bank account.
When using the debit card at an ATM machine, money is attainable from a checking or savings account. It is also possible to transfer money between accounts, make payments, and check balances. I personally use the ATM machine more than the actual bank.
I found through reading an article in the magazine Money, that I am not among the minority of using the debit card. It is estimated that ...

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encounter with such cards was here at WSU. I also found out that these cards are sold by public transit systems in New York City, San Francisco and other cities. The cards are then used by users of the transit system to pay for the fare. On campus the Shocker Card can be used for vending machines, laundry machines, dining services, and copy machines. The Shocker Card is also a debit card, ATM card and calling card. This is made possible by using different magnetic strips for each function.
Stored valued cards can be very beneficial to many people. I do not use my card as a stored value card, but if I lived on campus I am sure that I would. Although such cards may be ...

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