Now Accepting Galleons, Darseks & Lannister IOUs

Americans’ Preferred Future and Fantasy Payments  |  Our recent survey on payment technology produced some surprising results.

2,617 years ago in Asia Minor, King Alyattes minted the first official currency. We’ve come a long way since then—or even since the 1980s when everyone still paid for groceries with checks and balanced their accounts using actual paper, pencils and arithmetic.

Today, we pay our parking meters with credit cards, our bills with autopay, our friends with Venmo and, if we feel like it, use bitcoins to buy our Teslas. Heck, even businesses are going digital, using something called “virtual credit cards” to pay their suppliers.

What’s next?

Well, in a recent survey of over 1,000 American adults, half said they expected to be using their own fingerprints for mobile payments within ten years. Another two-thirds think we’ll be using facial recognition (35 percent) and retinal scanning (30 percent).

But why stop there?

Nearly a quarter of American women (24 percent) would like to use Galleons from the popular book and movie series “Harry Potter,” while men (20 percent) are partial to the Galactic Credit Standard from Star Wars.

Other fantasy currencies Americans would like to see in circulation include Gold Dragons from Song of Ice and Fire (9 percent), CoDPs from Call of Duty (8 percent) and Klingon Darseks from Star Trek (6 percent).

Five percent of Americans also say they’d be open to sending a bill and receiving a very specific form of IOU in return: namely, that a Lannister always pays his debts.

Game of Thrones, your credit is good here.


You Might Also Like

Viewpost Electronic Invoicing & Payments Survey 2016: The Gut Response to ‘the Check’s in the Mail’

To find a benchmark for today’s business-to-business transactions, we recently surveyed entrepreneurs and finance professionals in companies with annual revenues ranging from less than $5 million to more than $500 million. In the results, businesses sound off on payments, promises and what’s more important than getting paid. See for yourself, download the survey at no cost. Read More

4 Key Technologies for Small Business

The wave of technological advancements made over the course of the last decade are changing the way small businesses compete in modern markets. For many small businesses, technology can help increase business efficiency and even expand operations by giving entrepreneurs the ability to do business from anywhere they choose with increased speed and accuracy. Read More

View All Articles