An inventor has announced his latest invention, an ATM that not only dispenses cash but accepts cash to pay for online transactions or transfer cash between people. He makes the point that in over 3/4 of the world, almost all transactions are cash-only. Link
The article makes an offhand mention that the device could be used to pay for online gambling. While that's certainly true, a device like this is not necessary to get around Visa-Mastercard-American Express-Paypal's voluntary ban of online gambling payments; there are dozens of other mediation systems that facilitate credit card payments for online gambling, and any given online gambling site usually has a link to at least one of them.
All the voluntary ban has really done is boost the revenue of offshore payment mediators, many of whom charge pretty hefty percentages on transactions, and are often in jurisdictions with questionable or absent regulation.
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Welcome to the all new Bloglines, the best resource for local blogs, news, and events.
Bloglines Reader
Bloglines is the fastest way to find and track your favorite websites and blogs in real-time.
Easily customize your dashboard with multiple view options, drag and drop organization, and
exclusive widgets. Get the latest news on all your interests and trending topics exactly the
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Bloglines isn't going anywhere! We're happy to announce that MerchantCircle is going to keep Bloglines up and running. As part of the transition, we ask our users to migrate their existing accounts to the new system.
The city that never sleeps has plenty to talk about! From Times Square to Broadway shows and every fashion designer in between, you can get into an Empire State of Mind with the best of The Big Apple blogs: The Lo-Down, Gothamist, and Time Out New York.
Celebrities and surfers aren't the only hot topics in Southern California's iconic city of Los Angeles. In tabloid town people are always talkin'! Get informed with top LA blogs L.A. Unleashed, 24 Frames, and Chatter.
The Windy City isn't just home to Wrigleyville, and a mile of miraculous shopping. In between bites of world famous deep-dish you can now digest the details of all that's happening in Chi-Town with these top Chicago blogs: Globetrotting, Cityscapes, Change of Subject
It's more than just home to baseball's World Champion San Francisco Giants, this friendly city is packed with artists, events, foodies, eclectics neighborhoods and some killer blogs! Get the insider scoop from top blogs SF Gate, SFList, and EaterSF!
From the Space Needle to the music scene to the world famous Pike Place Fish Market, Seattle's got it goin' on. Keep up with top blogs like Seattle Daily Photo, Seattle Subsonic, Seattlest.
