Monopoly ditches cash

Old school board game Monopoly is entering the 21st Century, going digital and ditching its iconic paper money for contactless payment cards.

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Monopoly ditches cash

Editorial

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

The new 'Ultimate Banking' edition, which arrives in the US later this year, will see players use cards and a mini-reader to buy property and pay rent.

Toy giant Hasbro first introduced a paperless version of the famous free-market celebrating game a couple of years ago but it faced criticism for requiring player to enter transactions on a PIN pad.

The latest iteration sees players tap and swipe their payment cards, as well as property and chance cards, with funds automatically paid. According to MarketWatch, the reader also tracks wealth and the value of properties, which see their rents fluctuate.

As in the real world, the decision to phase out cash is designed to save time and cut fraud by eliminating the much abused position of banker.

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Comments: (5)

A Finextra member 

Digital flowers anyone?.. No need to water...

James Piggot

James Piggot Product Analyst at Finastra

Hopefully it will also be Apple-pay compatible so I can use my iPhone...

Hitesh Thakkar

Hitesh Thakkar Technology Evangelist (Financial Technology) at SME - Fintech startups (APAC and Africa)

Few banks have experimented with Bluetooth enabled Piggy bank which inculcate saving habit in kids as well as toy.

A Finextra member 

What will the CFPB say about this? Will Hasbro be looking a consent order? 

Ketharaman Swaminathan

Ketharaman Swaminathan Founder and CEO at GTM360 Marketing Solutions

PIN is rejected even here:)

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