The future of money

Blog post   •   Jan 11, 2016 07:57 EST

The future of physical money

It is hard to image the life without now so well-known conveniences such as the internet, mobile phones, laptops, flatscreen TVs and so on. The reality is that these are all things which weren’t known to use 15 to 20 years ago. When we look back we can see how we used to live and manage our daily lives without the help of modern “smart” devices. But today they are more like an extension to our existence. We cannot imagine a place, where we won’t have internet access, by wi-fi or through our mobile network. And if we do not have the ability to hear our loved ones voices at any given time we will be filled with worry. And what will then happen to physical currency? Won’t we look at it in 20 years’ time as a thing of the past?

The truth is that more and more technologies for eliminating the need of physical currencies are being developed. State regulations also do not help cash transactions that much, by only allowing a limited amount of money to be transferred that way. It is very clear that in the near future we will move more and more towards a digital world, because of the many benefits that it offers us. Although this does not worry the modern person, the actual institution which depend on it will have to prepare themselves for the clash with the future. There are still countries, which neglect the importance of digital platforms, and then there are those, which do not do anything to help their citizens to get accommodated with the world’s tendencies towards digitalization. Sadly, Bulgaria is one of countries, which are not swift to adopt the future. We are still running away from it, rather than embracing its easier and more secure methods of handling money, as we still think it is better to just hide them under the bed.

We at BNP Paribas S.A. are prepared to meet the future. Have specially created the one and only digital deposit platform, which has no equivalent in the market of Bulgaria. We’ve called it “Deposits with future”. With us you will receive one of a kind service, for which you won’t have to visit a bank office, but everything actually can be done and managed in the comfort of your own home, office or any other place with internet access. You an open new deposit accounts and manage them from distance, enjoying the comfort, as well as the security of the platform, which is kept safe by one of the most stable system to date. We have also added another nice thing – very attractive interest rates, which help promote the overall quality of our service. We give you the future, you make use of it!