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Paypal: The End of the Wallet By 2015
Paypal believes that the time of the wallet is ending. By 2015, they predict that digital currency will be acceptable anywhere, including your corner store and Walmart.
They’ve also announced that more than 100 million people have active Paypal accounts. Does your business take Paypal? Maybe you should.
If you’re not familiar with Paypal, it’s an easy way to pay without disclosing your financial info to a merchant. You simply link your credit card, debit card or bank account to a Paypal account and pay with that.
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John Tedder on July 3rd, 2011 5:15 pm
Dane, Whenever I buy something online I always use PayPal. I usually use a debit card when shopping at Kmart and places like that, but I always feel funny without a few paper twenties in my wallet. Have a happy 4th of July!
Angela Shupe on July 4th, 2011 9:04 am
I believe it. I love Paypal, and I often use my Paypal card as a credit card for the cash back feature. At the end of a month, I often receive $3-$5 just for using it to buy stuff I needed to buy anyway. I could see it becoming the future of payments for retailers big and small. I doubt it will kill off the wallet or the cash in it, though. Even though I prefer to use my debit/credit card and Paypal to buy some things, I still prefer to carry cash for everything else.
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