THE WISE SHALL UNDERSTAND

Tag: Pay Pass

Most Americans Will Use Smart Phones Not Cash For Payments By 2020

Most Americans Will Use Smart Phones Not Cash For Payments By 2020

Take a look at the green stuff in your wallet and prepare to say goodbye to it in the future: By 2020, most Americans will be using their cellphones, not cash or credit cards, to make payments. “So many people are already accustomed to buying a cup of coffee with a credit card that smart-device swiping is only a very small next step,” John Pike, director of GlobalSecurity.org, told Pew in its report, “The Future of Money in a Mobile Age.”

| April 17, 2012 | 8 Comments
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