Visa Shows Off the Future of Payments in London, Says Mobile will Hit Mainstream in 2 to 3 Years
CNET: 7/24/12 – That vision of paying for goods and services with your phone anywhere you go? You shouldn’t hold your breath.
While there are trials and select deployments of payment terminals and cash registers that can accept mobile payments, the method won’t hit the mainstream in the U.S. for another two to three years, according to Bill Gajda, head of mobile for Visa.
“We’re seeing momentum in 2013,” Gajda said in an interview with CNET. “But it’s really about commercial launches and scale.”