Friday, January 4, 2013

Cash Is Lord King


If you're going to the Vatican, better bring your wads of cash, because credit cards and electronic payments are as unwelcome as the devil.

Deutsche Bank Italia (German bank of Italy?) pulled its authorization at the start of 2013, after providing the Vatican with electronic payment services for 15 years. Newspapers reported the bank took the action because the Vatican has not yet fully complied with European Union safeguards against money laundering. And we all know that the church has meticulous records open to public review of how much money they take in. Oh, wait...

For those who need to pay for museum tickets, souvenirs and other services in the tiny city-state, they're outta luck unless they can miraculously get their hands on cash.

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