Kash reinvents cash

A new app promises to let users do all their monetary transactions from their mobile devices.

If Toronto company AvidRetail has its way, consumers will be able to leave their wallets and plastic cards at home and do all their monetary transactions from their mobile devices.

All of this will be made possible, according to AvidRetail, thanks to Kash — a payment app that allows users to pay for their purchases, get 1% cash back, collect e-receipts, receive loyalty points, transfer money directly to friends without paying bank fees and order products from their phones before visiting a store.

The app is a complete point-of-sale system that links a retailer's back office tools (register and dashboard) to customers' mobile devices. There is only one drawback: the cheery ring of the cash register will be a thing of the past.

About the Author

Yan Barcelo

Yan Barcelo is a journalist in Montreal.

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