Sunday, November 3, 2013

Kunoo, what it does and doesn't do

Before explaining how the system works, I thought I should explain some of the basics that will make it easier to understand how it works.

The system:

  • Does not have anything to do with credit or debit card transactions
  • Does not affect those who always have the correct change on hand
  • Does not provide a means to save your change for vacation
  • Does not allow you to purchase things with your digital change
  • Does not require your identification
  • Does not connect to any bank or clearing house
The system:
  • Does allow consumers who pay in whole dollars to get their "change due" back without physical coins!

As you can see, this system was designed with only one purpose, TO ELIMINATE THE EXCHANGE OF COINS IN CASH TRANSACTIONS.

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