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Topic: 2012-08-03 smh.com.au - Smartphone technology seeks to revolutionise the way ... (Read 903 times)

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Digital wallets wave in new era
Smartphone technology seeks to revolutionise the way that we live and pay.


Elisabeth Sexton
2012-08-03


http://www.smh.com.au/business/digital-wallets-wave-in-new-era-20120803-23l0f.html

...
Barr says new online currencies, such as Facebook credits or Bitcoin, had not delivered on their touted potential. ''There's lots of innovation and there certainly are some of these alternative solutions that will claim to be lower cost, but it looks like they are also lower value and don't necessarily improve customer convenience,'' he says.
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