Word: atm
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...Elmore said. “When I first got there, things weren’t too bad. Then it just got worse and worse and worse.” Elmore said she finds it more economical to carry cash since Exchange fees tacked on by credit card companies and ATMs also add up in student budgets. “Everytime you go to the ATM, it hits you,” she said. Due to the dollar’s poor performance, some schools’ study abroad programs have increased their prices by 10 to 15 percent...
...going to help that the Abu Zubaydah investigation has a lot of problems even without destroyed evidence. When Abu Zubaydah was arrested in Pakistan in 2002, two ATM cards were found on him. One was issued by a bank in Saudi Arabia (a bank close to the Saudi royal family) and the other to a bank in Kuwait. As I understand it, neither Kuwait nor Saudi Arabia has been able to tell us who fed the accounts. Also, apparently, when Abu Zubaydah was captured, telephone records, including calls to the United States, were found in the house he was living...
...that an ATM in the church lobby? Credit and debit card swipe machines in churches may startle some of the pious, but such kiosks, already present in some houses of worship, might become even more commonplace now that a new IRS regulation is in effect...
Automatic checking account withdrawals are used by some churches, and more recently, ATM-like kiosks are now available in many church corridors and lobbies, where parishioners can swipe a card and receive a printed receipt, which they can either save for the IRS or plunk into the collection basket with a flourish, so pew mates will know they're not spiritual freeloaders...
...Which is not to say things aren't changing. Bank ATM cards are now ubiquitous, with more than 1 billion in circulation in China. And, in 2006 the number of credit cards shot up 39%, and the total is expected to double again this year. Whereas banks barely break even now on such business, McKinsey estimates by 2013, China's consumer credit card profits could hit $1.6 billion. Indeed, at a Shenzhen Starbucks, I watched as a young woman paid for her caramel macchiato with a Beijing Olympics-branded Visa, one of what seemed to be several cards...