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One way to resist buying junk food is to pay for groceries with cash instead of credit cards, according to a new study led by Manoj Thomas, assistant professor of marketing in the Samuel Curtis Johnson Graduate School of Management at Cornell.
''The pain of paying in cash can curb impulsive urges to purchase unhealthy food products,'' Thomas writes with his co-authors in the June issue of the Journal of Consumer Research. \"Credit card payments, in contrast, are relatively painless and weaken impulse control.''
Previous studies had found that consumers are more reluctant to part with bills and coins than to use credit -- what the research has labeled \"pain of payment.\" Thomas' team, however, established that the \"pain\" of paying in cash really only affects impulsive purchases of \"vice\" foods and not deliberate \"virtuous\" purchases. There was no difference, however, when consumers used credit and debit cards to buy food -- an unexpected finding.
The findings not only showcase an interesting quirk of consumer psychology but also may help curb the epidemic of obesity in America today, said Thomas, who hopes that for some consumers, at least, the use of cash over cards might help them cut down on impulsive and unhealthy food purchases.
\"I believe and hope that we will soon start seeing technological advances in credit and debit cards that help consumers better manage their spending decisions,\" Thomas said. \"For example, it might be useful to have an LCD chip in a card that shows the total monthly spending thus far, or the cumulative credit.\"
The xEM implant contains a 125kHz T5577 RFID chip emulator that can behave like many different common low frequency chip types, including EM41xx, EM4200, HID 1326 ProxCard II, HID 1346 ProxCard III, Indala, Pyramid, Viking, AMV, Presco (and more) access cards and keyfobs. The xEM is a great introductory chip for people just getting into RFID projects. It is compatible with many inexpensive OEM and commercial low frequency RFID readers and stand-alone access controllers like our xEM Access Controller. Check out our video explaining how the T5577 works.
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You can add your credit card, debit card, bank account, PayPal account, or mobile phone as a new payment method for your Microsoft account. The payment method will then show up as an option during the checkout step for your next Microsoft Store online purchase.
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If you want to buy NEM with fiat currency, you can first buy USDT on Kraken with fiat and then transfer your USDT to an exchange that lists NEM. For example, the most popular exchange for trading [object Object] with USDT is Binance Futures.
You can buy NEM with a credit card on Binance and other exchanges like KuCoin, OKX and Huobi Global. Using a credit card is a fast and convenient payment method for purchasing cryptocurrencies, but typically comes with higher fees than other ways of buying cryptocurrency with fiat.
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