{"id":4941,"date":"2016-08-16T03:11:01","date_gmt":"2016-08-16T08:11:01","guid":{"rendered":"http:\/\/www.biblia.work\/sermons\/cashless-checkless-society\/"},"modified":"2016-08-16T03:11:01","modified_gmt":"2016-08-16T08:11:01","slug":"cashless-checkless-society","status":"publish","type":"post","link":"https:\/\/www.biblia.work\/sermons\/cashless-checkless-society\/","title":{"rendered":"CASHLESS-CHECKLESS SOCIETY"},"content":{"rendered":"<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><i>And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. <\/i><\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'><i>\u2014Rev. 13:17<\/i><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>606<\/b><b> Latest Trends With Credit Cards <\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>One-half of all American families hold at least one credit card. Seventeen million families use three or more credit cards, and about six million families use nine or more! It is estimated that over 10,000 banks in the US offer credit card services. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Now, credit-card companies are pushing into new areas where credit can be used for paying bills:<\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>In California, a holder of a credit card can pay his property taxes, his State income taxes, his motor-vehicle license fees\u2014even his car and home insurance\u2014by simply making a phone call. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Doctors, dentists, hospitals, utilities and even mortuaries are accepting credit cards for payments. Some churches and political parties hand out \u201cpledge\u201d cards with spaces for a credit-card number. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>A growing number of experts see a cashless, checkless society around the corner. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>607<\/b><b> Just A Number For Everyone<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>In a recent comment published in Radar News, Willard Cantelon said that just as the barter system was superseded by money as a form of exchange, so money will be superseded by computer accounting. There is so much paperwork involved in the present forms of transactions that the banks can\u2019t keep up. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>He says that technology has brought us to the point where satellite-coordinated computer centres and memory banks will put the transactions of the whole world into one numbered system. No identity cards will be needed\u2014just an invisible number tattooed on the hand or forehead. Transactions from any place in the world to any other place could be processed through central control in mere seconds! Money would go out of existence. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>608<\/b><b> No $10,000 Notes Around<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Technology now exists to wipe out money\u2014or at least reduce it to the status of small change. For instance, no large denominations US currency bills\u2014such as the $500 or $10,000 notes\u2014have been printed since 1946 because checks have replaced them. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>609<\/b><b> Electronic Funds Transfer<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Faced with a volume of checks that doubles every 10 years. commercial banks in the United States have been pressing harder than ever lately for the start of a checkless, cashless society. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>The dream revolves around the electronic funds transfer system (EFTS) through which:<\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>\u2014Employers can deposit a worker\u2019s pay directly into the employee\u2019s bank account (\u201cdirect pay deposit\u201d). <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>\u2014Gas, electric, telephone and other monthly bills can be paid out automatically by the Bank. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>\u2014A purchase at a retail store can be accomplished simply by giving the salesman a plastic card that sends a message to the customer\u2019s bank via a \u201cpoint of sale terminal,\u201d which in turn instantly adds to the store\u2019s account, and subtracts from the customer\u2019s. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>\u201cSo far, the operating assumption is that what\u2019s good for the banks is good for the country,\u201d says Tom Waage, senior vice president of the New York Federal Reserve Bank. <\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'>\u2014Associated Press<\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>610<\/b><b> Automated Supermarket<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'><i>Newsweek<\/i>, issue of June 30, 1975, announced the \u201cworld\u2019s first automated supermarket.\u201d It is situated in Kokubunji, a suburb of Tokyo. The store consists of \u201c67 vending-style machines holding 2,469 kinds of goods,\u201d all of which are controlled by computers. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>A shopper does not go in and take merchandise off the shelves, rather, the shopper looks through windows and selects what she wants by pushing a button. Next, she takes a white, plastic ID plate that is chained to her shopping cart and inserts it into a slot, activating the machine. Promptly, the goods are disgorged and the sale is registered in the computer\u2019s memory system. When all the purchases are made and the shopper is ready to leave, a cashier inserts her plastic card into a small computer and the total bill pops out instantly and the shopper moves on her way. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>The store\u2019s prices are lower because the computer has cut labor and other costs. The store had 20 cashiers before installing the system; now it has only two. The computer has eliminated shoplifting, employee pilfering and cashier mistakes. <\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'><i>\u2014Christian Victory<\/i><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>611<\/b><b> Computerized Gas Pumping<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>A major oil company has built five pilot gas stations near Los Angeles and three near Philadelphia that require no human attendants. The motorist puts his credit card into a slot in the outdoor computer terminal. If the card is valid, the customer pumps his own gas. The computer then issues a receipt and later tallies a monthly bill. If the card is listed as stolen or lost, the computer confiscates it and the motorist gets no gas. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>612<\/b><b> Home Computers<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Computer manufacturers are forecasting that possibly within the next ten years every home can have a computer console for a fee not much higher than the phone bill. Tied to a massive central computer, the home-owner\u2019s computer link could balance his checkbook, pay his bills, prepare his tax returns, keep his Christmas card list up-to-date, and several other things. It could help make family decisions on matters like grocery shopping and menu-making, investment, buying and selling real estate, insurance, and charitable donations. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>613<\/b><b> More On Home Computers<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>A Seattle bank offers customers a computer in their living rooms. By putting a special grid over the buttons on a Touch-Tone phone, then dialing a coded number, the customer has a simple computer terminal. He can use it to pay bills without writing checks, keep track of financial holdings, get a reminder of birthdays and anniversaries, or simply do calculations such as figuring his income tax. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>614<\/b><b> The Master\u2019s Charge<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Above the organ strains of the Sunday morning offertory there\u2019s a steady click-clack of credit-card imprinters as the ushers move from pew to pew. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>That\u2019s a farfetched prediction about future church services, perhaps, but credit-card use is already here. Some churches have made arrangements for members to charge their contributions in connection with special fund-raising campaigns. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>One of them is the Coronation of the 950-family Blessed Virgin Catholic parish in Buffalo, New York, which used Master Charge, Bankamericard, and the local Empire card for a debt-reduction drive. Rector Eugene Radon credits the credit for an increase over last year\u2019s drive, and now the banks are helping the church plan for possible use of the cards in weekly giving. With an increasingly credit-oriented society, credit giving may well keep the church of the future afloat, Radon believes. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Whether or not his prediction holds up his members seem satisfied with the credit idea, and other dioceses have requested information. <\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'><i>\u2014Christianity Today<\/i><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>615<\/b><b> Automatic Transfer Of Contributions<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Offerings received during church services in five cities may soon be slimmer, but if all goes as planned church leaders won\u2019t be alarmed, not even if the weather keeps a lot of people home four Sundays in a row. They\u2019ll relax and watch the money pour in\u2014from banks and credit card companies. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>The National Council of Churches is setting up a two-year experiment that will involve ten denominations with churches in Atlanta, Dallas-Fort Worth, Kansas City (Missouri), Los Angeles, and Philadelphia. By signing an authorization slip once, a churchgoer can authorize Master Charge or Bankamericard or his bank to transfer a monthly or quarterly fixed amount of money to the church, and the funds can even be designated. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>Computers, credit, banks and churches will be linked together under an umbrella agency to be known as ACTS (Authorized Contribution Transfer Service), based in suburban Los Angeles, ACTS will subtract a service charge of 65 cents from each transaction (and the credit card companies will charge an additional 3 percent). <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>NCC people say the plan is aimed at making church income more consistent and dependable, and they hope it will encourage people to increase the amount they give. <\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>616<\/b><b> No Other Way<\/b><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>When a motorist offered her credit card for gas, the attendant shook his head. \u201cSorry, ma\u2019am, this is a diners\u2019 card.\u201d<\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;text-indent: 18.0pt;line-height:normal'>For a moment she stared in puzzlement. Then she said, \u201cI think that nearby restaurant may help me out. Be right back.\u201d She returned shortly, smiling happily. \u201cAll fixed,\u201d she told the man, pushing a package at him. \u201cThis makes us square. I bought you four pizzas.\u201d<\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'><i>\u2014Brotherhood Journal<\/i><\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>617<\/b><b> Epigram On Cashless Society<\/b><\/p>\n<p class=MsoNormal style='margin-top:0cm;margin-right:0cm;margin-bottom:0cm; margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;line-height:normal'>\u2022&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The credit card has created an American first\u2014instant debt. <\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'>\u2014J. Veneziale<\/p>\n<p class=MsoNormal style='margin-top:0cm;margin-right:0cm;margin-bottom:0cm; margin-left:18.0pt;margin-bottom:.0001pt;text-indent:-18.0pt;line-height:normal'>\u2022&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Here\u2019s a trick that\u2019s reportedly sweeping business lunch meetings in Los Angeles: Instead of reaching for the check, each person puts his credit card in the middle of the table, face down. Then they call the waiter over, and he picks out the card of the guy who is to foot the tab. <\/p>\n<p class=MsoNormal align=right style='margin-bottom:0cm;margin-bottom:.0001pt; text-align:right;line-height:normal'>\u2014Saul Wernick<\/p>\n<p class=MsoNormal style='margin-bottom:0cm;margin-bottom:.0001pt;line-height: normal'><b>See also:<\/b> Communications, Global. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>And that no man might buy or sell, save he that had the mark, or the name of the beast, or the number of his name. \u2014Rev. 13:17 606 Latest Trends With Credit Cards One-half of all American families hold at least one credit card. Seventeen million families use three or more credit cards, and &hellip; <a href=\"https:\/\/www.biblia.work\/sermons\/cashless-checkless-society\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CASHLESS-CHECKLESS SOCIETY&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4941","post","type-post","status-publish","format-standard","hentry","category-sermons"],"_links":{"self":[{"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/posts\/4941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/comments?post=4941"}],"version-history":[{"count":0,"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/posts\/4941\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/media?parent=4941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/categories?post=4941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biblia.work\/sermons\/wp-json\/wp\/v2\/tags?post=4941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}