Google Seeks A Benefit as Gen Y Goes Cashless

Here is an unsettling thought  … the Internet age is setting us up for something many folks just don’t think about … yet … but like lemmings running into the sea we are all part of a building momentum. Trouble is, if we mention a biblical theme here, many of you will say “Nonsense!”

Is it? Really? Keep reading … and think about it!

The article we refer to below comes from MarketWatch.com (http://www.marketwatch.com/story/google-wallet-gen-y-credit-card-2013-05-17).

Here is our point. If you are temped to use a handheld device to be cashless as you walk around in your day-to-day routine, we believe that at some point the possible theft of handhelds will make something else more compelling. How about a tattoo with a code? So you swipe your hand across a scanner that can read a colorless tattoo and detect the code to conduct a cashless transaction. Cool? Yeah! But there is a catch.

The Bible refers to a time when no person will be able to buy or sell without the ‘mark of the beast.’ Oh, prophecy stuff you say. Not to worry, couldn’t happen here … right?

——————– Article ——————————–
Google Wallet: Gen Y credit card?
Emailing money may appeal to generation that’s already abandoned cash

By Quentin Fottrell

Facing stiff competition and tepid demand, Google Wallet has not made a big splash in the world of mobile payments. But experts say young Americans may help revive its fortunes.

In an effort to boost the popularity of its mobile payment system, Google this week announced that it
is integrating Google Wallet with Gmail. Customers who’ve linked Google Wallet to their bank account or maintain a balance with Google Wallet can simply click the dollar icon on their Gmail to make a payment. It’s not the first time Google Wallet introduced new features. ….

… there are signs that there is untapped demand for mobile payments. Just one-fifth of young Americans ages 18 to 30 always carry cash, according to a new survey by CouponCodes4U … . Nearly half said cash would not be used in the future. “It’s a generational trend,” … And some 72% of Gmail users are under the age of 34, according to a survey by Hunch.com, …. “The younger generations are adopting this technology in droves.” PayPal and Google Wallet, for example, connect to a bank account or a debit or credit card through a person’s smartphone.

“It’s early days for mobile payments,” says technology analyst Jeff Kagan. “I have children in their early 20s who rarely carry as much as $5 in their wallet.” That’s just enough for tips. “Today, we leave the house with a wallet, car keys and smartphone,” he says. “There will come a time when it will only be our smartphone. … Thousands of merchants are still not set up for mobile payments, making it more difficult for smartphone evangelists to cut up their plastic. What’s more, some consumers are still concerned about security issues of making payments via mobile phone. One U.K. survey found that 44% of people were reluctant to adopt mobile wallets due to fears of phone hacking; only 17% of those surveyed say they would use mobile wallets. (Google did not return requests for comment.)
——————- WindowView Perspective ——————————

We rest our case. It’s a generational thing. In an increasingly material and secular global society, the younger generation will be swept by the momentum the Bible already anticipates. To address the latter security issues … we are waiting for the charismatic leader who seduces the masses to be inscribed with some type of mark. And that will seal together the notion put forth in the article above and in what the Bible declared thousands of years ago.

Far fetched you say?

Have you been looking out your window to see the implications for what is going on out there?

Well, that’s why this window is here!

Our comments here relate to global changes … many of which creep up on us while we are distracted by our day-to-day life. Change is surrounding our lives in many ways … all the more reason now is time to look at the implications.

Director, WindowView.org

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