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Beyond the Transaction: Every Transaction Has a Story

Cashless Curiosities from Chelsea Krost

Chelsea Krost is considered to be the voice of the Millennial generation and is working with MasterCard to promote the #internswanted program.

I’ll be honest; I didn’t know much about MasterCard beyond the credit card in my wallet when they approached me to help get the word out about the #internswanted campaign. After working with the team for the past several weeks, my curiosity around the idea of a cashless society has been sparked.

I started thinking about the actual cost of cash and was shocked to find how costly and inefficient it really is. It costs more to make pennies and nickels than what they’re worth. Realizing how rarely I use cash, this was a huge wake-up call to just how unnecessary cash is for our society.

In theory, almost everything I buy can be done with just one click or using a mobile app. When I think about how easy it is for me to order dinner from Seamless or buy a pair of shoes with Amazon’s 1-click, it reminds me  how convenient going cashless is. It’s simply easier to pay this way. I’m excited to see this ease and convenience make its way offline and into the real world more and more. MasterCard is leading the charge here and continuing to innovate the way we pay.

That’s why I feel #internswanted is a phenomenal opportunity for millennials. Our generation takes going cashless beyond just credit cards. We’re thinking mobile apps, e-commerce and how technology can transform the customer experience. Being so comfortable with these technologies at such a young age means we can think about how to expand them and make them better. We might as well take what we already know and turn it into a successful career opportunity.

It’s refreshing to see a company like MasterCard be fully supportive of our talents and perspectives, so I highly encourage all of my peers to apply for #internswanted program. If you’re in the U.S., applications need to be in by April 10th but if you’re in Canada, they need to be in by April 7th.

Good luck!