Top 5 Ways in which Technology has Changed the Way We Look at Money

4.  Contactless payments

Credit cards have undoubtedly been an important milestone in the finance world, but recent innovations are likely to push the envelope even further. Recent developments, such as contactless payment methods might completely revolutionize the notion of credit card payments. Basically, these systems use radio-frequency identification as a means of increasing the safety of transactions. With such systems, users will no longer have to introduce their signature or PIN number, which will increase the speed of transactions while still ensuring full security. This is definitely one of the top ways in which technology has changed the way we look at the money, because without the actual contact with the money bills, we are all more inclined to unnecessary spending.

Sergei Gontsarov/Shutterstock.com