Daniel Lyons Quotes

Elon Musk with PayPal revolutionized banking.

Estonians are much more used to Internet banking rather than an online credit card.

Even by Silicon Valley standards, PayPal's vision was massively ambitious.

The digitisation of money, the rapid expansion of internet access and, of course, the adoption of mobile phones have created the perfect conditions to make it easier, secure, and affordable to save, spend, give, and borrow.

The average person may, at a high level, think of us as a digital currency bank, but we're not a bank.

I think Twitter is the future of communications and Square will be the payment network.

Twitter was around communication and visualizing what was happening in the world in real-time. Square was allowing everyone to accept the form of payment people have in their pocket today, which is a credit card.

Nation states that are used to imposing capital controls will face a quandary: ban cryptocurrencies and live in the technology dustbin; enable them, and this virus - this religion, this protocol - will enable the free flow of money and language, along with packets, around the globe.

Cash as a physical entity will virtually cease to exist, with coins and checkbooks consigned to museums. As people conduct their financial transactions on hand-held devices made secure by advanced biometrics, even tipping will be done electronically.

PayPal's been around forever. How do we use that platform to solve the future of commerce?

Social messaging has become the defining app of the smartphone era. Social payments has been a natural extension of this phenomenon - it's going to be the locus of most communications activity.

We are excited to see how PayPal's global payment platform can help small businesses in Cuba thrive and grow by making it easier to connect to international markets.

We believe that Ripple will change the way the world thinks about and uses currency through universal access to a trusted, transparent, and easy-to-understand multi-currency financial tool.

The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.

The focus around Circle China is really cross-border payments. If I'm a parent in China and my son is studying at London Business School, I might want to send 500 RMB. I should be able to do that and have my child instantly receive it as pounds sterling, in the same way people do that with instant messages today.

The big idea of, 'Hey, I can pay anyone, anywhere, with whatever digital wallet they have, and it just flows around the Internet' - that's on the horizon; that's how we built everything we do.

Digital payments have already made it easier to move and manage money. While there's more work to do, the potential is real and understood.

If you allowed PayPal to pursue its destiny, there are moves it could make to become the largest financial company in the world.

We're really thinking how do we re-imagine PayPal almost as a service. PayPal as a SaaS platform.

The future of commerce is going to be all electronic. The gold standard was a fine idea, but electronic changes of funds and credits will be the future.

When I started the business, only banks operated at airports, only banks issued travellers' cheques, only banks issued international payments, only banks serviced their own branch networks.

We had a mission at PayPal - which was to create a new financial system, a new world currency, and we failed. We were a financial success, but we didn't succeed at the purpose of our company.

Technology has come a long way since PayPal.

We haven't even begun to see just how many transactions are going to take place online.

The need to promote the adoption of a global currency as a vital element in the integration of the global economy is self-evident.