Summary
The U.S. Navy has gone plastic, introducing a cashless debit- card system called Navy Cash.
The card's PIN-protected "electronic-purse" chip on the front holds up to $1,000 and can be used by sailors aboard ship. The debit function, operated by MasterCard through a magnetic strip on the back, can hold an unlimited amount and can be used on shore.See the full content of this document
Extract
Navy Sails the Seas On Plastic
"With the Navy Cash, we were trying to make it cashless, alleviate the workload and give [sailors] access to their home bank...
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