This is especially true when relevant actors hail from different backgrounds, nationalities, or cultures. Standardization removes confusion and friction, making it easier to collaborate. The benefits of adopting a universal global currency 2 In the years since, there’s been growing support for a common currency. Why have different currencies if money is mostly electronic? Wouldn’t it be simpler to adopt a universal currency that could be used for all people for all transactions around the globe?Įconomist John Maynard Keynes argued for such a system in the early 20 th century - long before digital money existed. These are usually represented digitally, meaning all of this wealth is really stored as 1s and 0s. 1 The rest is tied up in assets such as savings accounts, long-term deposits and stocks. There is approximately $80 trillion in circulation worldwide, but only $5 trillion of this is paper-based. Apps and integrations Extend your Clover system to do even more with best-in-class apps. Apps and Integrations Extend your Clover system to do even more with best-in-class apps.Clover Capital Turn future credit card sales into working capital with flexible financing.Gift cards Drive sales, create loyalty, get new customers with digital and physical gift cards.Customer loyalty Create loyalty programs to help keep customers coming back and driving sales.Employee management Schedule staff and manage payroll efficiently from one integrated system.Customer engagement Understand, engage, and delight your customers with built-in tools.Cash flow Take control of your sales and access to your funds in minutes.Inventory management Streamline operations, build menus, and oversee inventory with a single system.Tracking and reporting Get real-time insights and sales trends to keep track of your business.Virtual Terminal Manage your business and accept payments even when you're on-the-go.Invoicing Send professional invoices and accept online payments to get paid faster.Payment processing Accept popular forms of payment quickly and securely.Online ordering and sales Take your business online with eCommerce and restaurant online ordering solutions.Point of sale system Track sales, accept payments, and more with our all-in-one-system.Card readers and POS devices Sell in person with our fast and powerful point of sale devices.
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