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Mel Kleiman

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Smartphones Look to Replace Plastic as Payment

August 3, 2010

FROM RETAILWIRE:
Okay, so the gas-powered car killed the horse and buggy as a mode of transportation (excluding the Amish). Video apparently killed the radio star. So what's next to go? According to a Bloomberg report, plastic credit and debit cards may be doomed by smartphones. Will smartphones replace plastic credit and debit cards in the U.S.?      [more...]

MY COMMENTARY:

You have a glimpse of the future and it is here. Everyone but the credit card companies are going to win on this one.

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