Today's Hard|Forum Post
Today's Hard|Forum Post

Friday November 25, 2011

Digital Currency to be UK's Leading Spending Method by 2016

PayPal conducted a study on the payment methods of the British and predict that by the year 2016, they will be making the majority of brick and mortar purchases through means other than cash transactions, switching over to digital transfers instead. Sounds more like wishful thinking on PayPal’s part considering the nature of their business. big grin

On the upcoming move Scheible added: "We’ll see a huge change over the next few years in the way we shop and pay for things. By 2016, you’ll be able to leave your wallet at home and use your mobile as the 21st century digital wallet.