{"id":652559,"date":"2017-01-13T08:39:15","date_gmt":"2017-01-13T08:39:15","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/"},"modified":"2017-01-13T08:39:15","modified_gmt":"2017-01-13T08:39:15","slug":"cashless-payments-are-making-us-fat","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/","title":{"rendered":"Cashless payments are making us fat"},"content":{"rendered":"<p><strong>Swiping your card to pay is nothing like taking cash out of your wallet, and cashless payments are changing consumer behaviour<\/strong>, writes Tom Sandage for The Economist sister magazine <a href=\"https:\/\/www.1843magazine.com\/technology\/balance-of-payments\">1843<\/a>. The phenomenon has been observed since credit cards appeared in the 1980s. People tend to spend 12-18% more with credit cards, according to a study by Dun & Bradstreet. Transactions are felt even less with phones which we are always carrying: \u201cIt\u2019s like a magic wand you can just wave to pay for stuff.\u201d Economists expect this system of payments to boost spending even more. \u201c<strong>Removing constraints on making payments subtly changes our consumption patterns, and the extra calories from all those vanilla lattes add up<\/strong>,\u201d writes Sandage. Technology, as usual, can help. Apps could observe pattern changes by providing weekly summaries and analyses of our expenses, and notify us whenever there is a sharp rise. <strong>Fintech opportunity, anyone?<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiping your card to pay is nothing like taking cash out of your wallet, and cashless payments are changing consumer behaviour, writes Tom Sandage for The Economist sister magazine 1843. The phenomenon has been observed since credit cards appeared in the 1980s. People tend to spend 12-18% more with credit cards, according to a study [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[12012],"tags":[72,2380,12011,12010],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652559","post","type-post","status-publish","format-standard","hentry","category-speed-round-the-weekend-edition","tag-enterpriseam","tag-speed-round","tag-speed-round-the-weekend-edition","tag-the-weekend-edition","wpautop","entry"],"acf":{"mongo_id":"b8d19f6a-6773-48e4-9ba4-e3c937403e3d","order":"0","is_powered_by":true,"section_story_id":"0de3d6fc-1d50-4615-b6c7-ac7d3eb1911d","story_type":"1","photo_url":"","photo_position":"above","related_issue":[652552],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Cashless payments are making us fat - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cashless payments are making us fat\" \/>\n<meta property=\"og:description\" content=\"Swiping your card to pay is nothing like taking cash out of your wallet, and cashless payments are changing consumer behaviour, writes Tom Sandage for The Economist sister magazine 1843. The phenomenon has been observed since credit cards appeared in the 1980s. People tend to spend 12-18% more with credit cards, according to a study [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-13T08:39:15+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Cashless payments are making us fat\",\"datePublished\":\"2017-01-13T08:39:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\"},\"wordCount\":154,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\",\"Speed Round, The Weekend Edition\",\"The Weekend Edition\"],\"articleSection\":[\"SPEED ROUND, THE WEEKEND EDITION\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\",\"name\":\"Cashless payments are making us fat - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-01-13T08:39:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cashless payments are making us fat\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cashless payments are making us fat - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/13\/cashless-payments-are-making-us-fat\/","og_locale":"en_US","og_type":"article","og_title":"Cashless payments are making us fat","og_description":"Swiping your card to pay is nothing like taking cash out of your wallet, and cashless payments are changing consumer behaviour, writes Tom Sandage for The Economist sister magazine 1843. 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The agreement, which will help accelerate the use of digital payment solutions, is\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":576436,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/24\/central-bank-working-on-new-financial-inclusion-strategy-amer\/","url_meta":{"origin":652559,"position":2},"title":"Central bank working on new financial inclusion strategy -Amer","author":"enterpriseam admin","date":"24 November 2020","format":false,"excerpt":"A national strategy for financial inclusion is in the works at the Central Bank of Egypt (CBE), Governor Tarek Amer said during the Cairo ICT expo, according to Al Mal. The central bank and state statistics agency Capmas are working with an international financial inclusion expert on a study to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/11\/252.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":582864,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/03\/09\/did-the-cbe-just-pave-the-way-for-apple-pay-and-samsung-pay\/","url_meta":{"origin":652559,"position":3},"title":"Did the CBE just pave the way for Apple Pay and Samsung pay?","author":"enterpriseam admin","date":"9 March 2023","format":false,"excerpt":"The central bank is trying to move Egypt towards a cashless economy","rel":"","context":"In &quot;Fintech&quot;","block_context":{"text":"Fintech","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/fintech\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/3\/Mobile-Payment-1600-px.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":598550,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/28\/fra-issues-non-banking-financial-service-e-payment-regs\/","url_meta":{"origin":652559,"position":4},"title":"FRA issues non-banking financial service e-payment regs","author":"enterpriseam admin","date":"28 May 2019","format":false,"excerpt":"REGULATION WATCH- FRA issues e-payment regulations for non-banking financial services: The Financial Regulatory Authority (FRA) has issued new regulations to ensure all non-banking financial service providers use non-cash methods when making or receiving payments exceeding the EGP 500 threshold specified by the recently-approved E-Payments Act, according to an FRA statement.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594322,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/27\/e-payments-act-ngos-act-regulations-to-be-published-by-december\/","url_meta":{"origin":652559,"position":5},"title":"E-Payments Act, NGOs Act regulations to be published by December","author":"enterpriseam admin","date":"27 October 2019","format":false,"excerpt":"LEGISLATION WATCH- You can expect the executive regulations for the E-Payments Act no later than December: The executive regulations for the E-Payments Act, which the House approved last March, are expected to be issued before the end of the year, said Ehab Nosair, assistant to the deputy governor, according to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=652559"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/652559\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/652552"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=652559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=652559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=652559"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=652559"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=652559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}