BNET Business Dictionary
Business Definition for: Cashless Pay
- the payment of a weekly or monthly wage through the electronic transfer of funds directly into the bank account of an employee
Additional Resources
- Checks and balances: GNG Pizza tests cashless concept - Domino's Pizza franchisee - Brief Article
- COLUMBIA, S.C. -- A Domino's Pizza franchisee in this market is testing cashless commerce through a system that enables customers to order and pay for food using special telephones and debit cards linked to the user's checking account.
- Research articles 1997-03-03
- Cashless in California
- A successful electronic cash initiative by Honda Federal Credit Union in one of its sponsor's production plants demonstrates the viability of cashless payment systems in controlled or campuslike environments. To pay for food service purchases at Honda Transmission Manufacturing Inc. in Russells Point, Ohio, employees who are Honda FCU...
- Research articles 1999-03-01
- Park & pay: the University of California at Santa Barbara is eliminating long lines with a park-and-pay-by-cell phone system.(Enterprise)
- The United States increasingly is becoming a cashless society, although one of the purchases that has resisted that trend is the ubiquitous parking meter. In many places, quarters and dollar bills still have to be kept around to feed these hungry contraptions. ...
- Research articles 2005-05-01
- Casino Giant MGM Mirage to Change Most Slots to Cashless Models.
- By Jeff Simpson, Las Vegas Review-Journal Knight Ridder/Tribune Business News Oct. 21--MGM Mirage and slot powerhouse International Game Technology have reached an $85 million deal that would see the nation's most profitable casino operator convert almost all of its existing slots...
- Research articles 2002-10-21
- Cashless Sons of Gwalia withholds dividend.
- Feb 19, 2003 (The Age - ABIX via COMTEX) Western Australian miner Sons of Gwalia has scrapped its interim dividend and warned that it will struggle to meet its 2002-03 full-year net profit target. The company has unveiled a 79 per cent decline in net...
- Research articles 2003-02-19
- Taco Bell Restaurants in Raleigh, N.C., Test Cashless-Payment System.
- By Dawn Wotapka, The News & Observer, Raleigh, N.C. Knight Ridder/Tribune Business News Mar. 2--RALEIGH, N.C.--Travis Cole doesn't like to carry cash, which used to be a problem for his daily Taco Bell runs. Not anymore. The 20-year-old computer technician can...
- Research articles 2001-03-02
- On Deadline: Coke Machines To Add New Payment Option
- Thirsty consumers will have a new way to pay for that ice-cold can of Coke, thanks to a cashless solution being introduced by MasterCard at the vending machine. The cards company announced last week it is teaming with the Philadelphia Coca-Cola Bottling C Thirsty consumers will have a new way...
- Research articles 2006-07-03
- Tim Hortons Inc. Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Thank you very much, Mr. Bonikowsky. [Operator Instructions]. Our first question comes from the line of Irene Nattel from RBC Capital Markets. Please proceed. Irene Nattel - RBC Capital Markets Thanks, and good morning everyone. Clearly, the same store sales numbers were extremely...
- Earnings calls 2007-10-28
- JetBlue Airways Corporation Q3 2007 Earnings Call Transcript
- Question-and-Answer SessionOperator Now we will begin the 30-minute question and answer session for investors and analysts. We'd like to ask everyone to please limit themselves to one or two questions with a brief follow up so that we can accommodate as many as possible. Thank you. Your first...
- Earnings calls 2007-10-23
- Delta goes all-plastic on domestic flights Dec. 1
- Delta Air Lines has become the latest carrier to say it wants passengers to pay with plastic, not cash, on domestic flights. Here's an item from the Delta blog, Under the Wing : "Beginning December 1st, we'll only accept credit cards - no cash - on...
- News items 2009-11-10
- Cashless Severance: Here's a Relatively New Way to Pay Off Departing Employees
- Wherever layoffs take place, severance is sure to follow. And, as most senior financial executives know, severance could be a big cash drain for companies at precisely the time they are trying to conserve cash. One should not despair. A new method allows companies to save cash by restructuring the...
- White papers 2001-07-30
- Got Brass in Pocket? Brits Turning Away from Plastic
- Though the United States seems headed toward a cashless society, in the United Kingdom more people use cash at retail than they did six months ago, a survey finds. Surveying 17,000 retailers, the British Retail Consortium found 60 percent of transactions were completed in cash, up from...
- Blog posts 2008-04-24
- Japanese look at fingers as credit cards
- TOKYO AFP — Taking the idea of a cashless society to a new level, a Japanese company said Monday it will try out a way to let customers pay simply by scanning their finger. The system uses biometric technology to identify the veins on a person's finger, which can...
- Research articles 2007-07-23
- Chase "Blink" will be a catalyst for contactless RFID payments.(Radio Frequency Identification)(Chase card services)(Brief Article)
- Chase card services announced that it is introducing "Blink," a new faster, easier way to pay, using RFID chips and contactless payment systems. With the Chase Blink announcement, the North American contactless payment market-starting gun has sounded and the race to redefine cashless payments is on....
- Research articles 2005-07-01
- Statement from Willis Group Holdings on Executive Exercising Stock Options
- NEW YORK -- Joe Plumeri, Chairman and CEO of Willis Group Holdings (NYSE : WSH), today exercised options to purchase approximately 2.2 million shares of Willis common stock by surrendering approximately 0.9 million shares to pay the exercise price and related income taxes, utilizing the cashless exercise feature available under...
- Research articles 2004-11-29
- Las Vegas Review-Journal Inside Business Column.
- Las Vegas Review-Journal Knight Ridder/Tribune Business News Nov. 12--ALLIANCE GETS OK FOR SLOT FIELD TEST: Alliance Gaming Corp., a Las Vegas slot maker, said its Bally Gaming and Systems unit received Nevada regulatory approval for a field trial of its S6000 reel-spinning...
- Research articles 2002-11-12
- Coca-Cola serves up wireless vending in Japan. (New Apps to Learn From).(Coca-Cola Japan, NTT DoCoMo Inc. and ITOCHU Corp. launch vending machine service)(Brief Article)
- One year after its inception, a project by Coca-Cola Japan, wireless giant NTT DoCoMo and trading group Itochu Corp. to make mobile handsets order and pay for soft drinks from vending machines is being touted as a new wireless sales channel. The Japanese companies...
- Research articles 2002-04-30
