A Tactile Device That Saves You Money

Transition to Electronic Payments in Europe

A growing percentage of transactions are shifting to electronic formats in Europe. Plastic cards are far more convenient and secure compared to traditional cash. However, scientific studies have shown that this payment method tends to promote excessive spending. This is because when using digital money, people often disconnect from the reality of physical currency, making it easier for them to part with it. To address this issue and encourage consumers to save when using cards, the San Francisco-based design studio New Deal Design has created a device called Scrip.

How Does It Work?

The device resembles a small elongated copper-colored metal card. The main concept behind Scrip is to simulate tactile sensations similar to real money. Therefore, the surface of Scrip is slightly rough to provide a tactile experience. When a buyer makes a transaction with this credit-like card, they subconsciously realize they are parting with real money, leading them to carefully consider their expenses. On average, using this device can lead to savings of around 20-30%.

The functionality of Scrip is almost identical to a regular plastic card. With this device, you can easily withdraw cash from a bank, make purchases, exchange currencies, or even transfer funds to another individual. The device connects to a smartphone via Bluetooth technology. Additionally, it features a mini screen that immediately displays the expenditure amount.

According to the creators, this device will help people avoid impulsive spending and manage their finances more rationally.

Don't forget to share this information with your friends on social media; they might have been looking for such a device for a while.