Contactless Payments Quotes

The only thing useful banks have invented in 20 years is the ATM.

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.

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.

Money is the only thing you can use even if you don't have any. ... There's always a credit card.

I don't carry cash often. I'm all about the plastic.

When I was coming up through the ranks, not that many people carried a lot money of money on them. This was before checks and credit cards.

Physical money, whether it's checks or cash or credit card, are digitizing in front of us.

In those days, if you wanted a new car or a holiday, you'd phone up the office and they'd send you some cash. You never had a bank account. I don't know anyone from the music business in the Seventies that it didn't happen to.

I think a lot of people have predicted the demise of cash, and they've frequently been wrong. But there's no question that the smartphone is leading to the digitization of money. You really now have all the power of a bank branch in the palm of your hand.

I look around my neighborhood, and I see people hailing a cab or ordering their food and then paying for it all with their phone. I've read about that stuff for a really long time, and now it's starting to become commonplace.

I was fascinated by the fact that in Osaka, we saw people using their cell phones to pay for small goods.