The E-Sylum:  Volume 7, Number 31, August 1, 2004, Article 11

ISRAELI NOTE FALLS VICTIM TO CREDIT CARD USE

  Bill Rosenblum writes: "Another enjoyable E-Sylum as usual.
  In regard to the item about the trooper collecting fines on the
  spot via credit card it seems that the increased use of credit
  cards in Israel has stalled the issuance of a 500 Sheqalim note
  (about $110 US)  there. The note was scheduled to be released
  a few years ago but  according to my contacts there so many
  people now use credit cards that  the need for the note has
  decreased dramatically. Ten years ago very few Israelis (at
  least the ones that I did business) with used credit cards; now
  more than half my sales to Israelis is by credit card."

  Wayne Homren, Editor

	coinbooks.org Web

The Numismatic Bibliomania Society is a non-profit organization 
promoting numismatic literature. See our web site at coinbooks.org.

To submit items for publication in The E-Sylum, write to the Editor 
at this address: whomren@coinlibrary.com

To subscribe go to: https://my.binhost.com/lists/listinfo/esylum