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Why Cash Still Counts in the Digital Age of E-Commerce

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Written by Michelle Selina Cash transactions, defined as the exchange of physical currency for goods and services, remain a crucial payment method, even in the digital world. Despite the rise of electronic payments, cash retains its relevance, particularly in e-commerce, where it plays a unique role in certain regions and among specific consumer demographics. The Global Cash Landscape The Worldpay Global Payments Report 2023 paints a nuanced picture. While cash usage declined by 8% globally, it still represents a significant portion (16%) of all transaction value. This highlights the continued importance of cash, especially during economic uncertainty and rising inflation. Consumer groups are actively campaigning to ensure cash remains accessible, recognizing its role as a budgeting tool for many. Cash in E-Commerce: A Geographic Divide Cash's presence in e-commerce might surprise some. While digital wallets dominate globally (30%), cash takes a surprising second place in s...

The Impact of Technology on Spies Global Intelligence

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  Written by Michelle Selina We all know that spies are not just characters from movies. They are real people working globally to gather information, conduct secret missions, and influence political and economic events. They can get information from related parties and ordinary people. While most people know about agencies like the CIA or MI6, there are many secret organizations and advanced technologies that are not widely known. This article explores the realm of spy craft in the 21st century, examining the tools, challenges, and ethical considerations of a tech-driven espionage landscape. Spy Organization Here are several well-known spy agencies operating today, each with specific goals:          CIA (Central Intelligence Agency): This U.S. agency collects international intelligence important for national security and carries out secret operations.        MI6 (Secret Intelligence Service): The UK's MI6 focuses on foreign inte...

Dubai Embraces Crypto: A New Era for Salary Payments

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  Written by Michelle Selina Dubai recently made a significant move in the financial world by allowing part of employee salaries to be paid in cryptocurrency. This decision by the Dubai Court of First Instance reflects the city's ambition to lead in financial innovation, aligning with its broader strategy to integrate digital finance into daily life. Let's explore why Dubai made this decision, its potential impacts, and what it means for the future of salary payments. Why Did Dubai Choose to Allow Crypto Salaries? Dubai’s decision to permit cryptocurrency as part of salary payments stems from several factors. The city has long aimed to position itself as a global leader in innovation, particularly in the fields of blockchain and digital finance. By allowing crypto salaries, Dubai is embracing the potential of digital currencies while addressing the evolving needs of its economy. Historically, the UAE has been cautious about cryptocurrencies due to concerns over their vo...