The Payments Show Podcast

E45 - Use Cash Without the Change - Chris Forero-Slee, Shrap

February 22, 2022 Satwant Phull Episode 45
The Payments Show Podcast
E45 - Use Cash Without the Change - Chris Forero-Slee, Shrap
Show Notes Chapter Markers

In this episode of The Payments Show Podcast, I spoke to Chris Forero-Slee who is the CEO and Co-Founder of Shrap.

Shrap is a digital payment solution that enables consumers and businesses to “use cash without the change”.

Click through the Chapters Menu at the top of the episode webpage here: http://thepayments.show

Summary of topics discussed:
1. Shrap: A Hybrid of Physical and Digital Cash
2. Cash: Implications for Society and the Unbanked
3. Notes not Coins
4. What currently happens to coins?
5. Increasing Costs of Cash Infrastructure
6. Fairer Charges to Businesses for Payments
7. Shrap’s Impact on Small vs Large Businesses
8. The ‘Cash Supply Alliance’ and ‘Cash Without Purchase’
9. CBDCs and the Dangers of a Cashless Society
10. Multi-Currency Wallets

…and much more!

Details:
- Recorded on 16 Feb 2022
- Host: Satwant Phull, Founder of Digital Money Lab
- Guest: Chris Forero-Slee, CEO and Co-Founder, Shrap

[Next Steps]
- Get in touch with Satwant: digitalmoneylab.com | @SatPhull
- Get in touch with Chris: LinkedIn: bit.ly/3BDHkO4
- Shrap: shrap.co.uk | @ShrapApp

[Support the Show]

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Intro
Start
Cash: Implications for Society and the Unbanked
Shrap Overview
How Shrap Works
What currently happens to coins?
Shrap for Businesses: Overview
Shrap’s Business Model
Fairer Payment Charges for Businesses
Helping Charities
Case Studies & Results in the UK
The ‘Cash Supply Alliance’ and ‘Cash Without Purchase’
CBDCs and the Dangers of a Cashless Society
How to Get Started with Shrap
Expansion and the Future for Shrap
Multi-Currency Wallets
Chit chat