CHRIS SKINNER WHY PAYPAL ET AL DO NOT MATTER

摘要

While new toys in the payments world may be exciting, they are unlikely to herald a revolution.rnMany of us get excited about new and different toys in the payments world.rnFrom Square - created by Twitter founder Jack Dorsey - to PayPal's billions of payments, we think the world is changing dramatically. SMS texting payments in Africa and credit exchanges on Facebook add weight to our arguments for change at the heart of bank processing.rnWe then use these illustrations of small change to make allegations about big change. We speculate that everyone will be using Twitter for payments via PayPal's core system within the next few years, for example.