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Rescooped by Philippe J DEWOST from Disruptive Finance and Fintech
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The payment revolution starts in the UK

The payment revolution starts in the UK | cross pond high tech | Scoop.it
From 29 April you can use your mobile to make person-to-person payments. As phones with debit-card style chips are planned, cash, plastic, even wallets could be redundant

Via Huy Nguyen Trieu
Philippe J DEWOST's insight:

Bye bye plastic ?

Huy Nguyen Trieu's curator insight, April 26, 2014 10:37 AM

This is a VERY good summary by the Guardian of the next roll outs for mobile payments by banks and telcos in the UK. If implemented correctly, it means that : p2p payments through mobile phones will be free (for individuals) and handled by banks. If you don't live in the UK, there is a payment system called Faster Payment (free, allows almost immediate transfer from person to person, usually online/phone) which is very widely used/

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Disruptive Finance by Huy Nguyen Trieu

Disruptive Finance by Huy Nguyen Trieu | cross pond high tech | Scoop.it
The technology revolution that is transforming finance - by Huy Nguyen Trieu
Philippe J DEWOST's insight:

A must read blog for FinTech / Disruptive Finance, by a former CEO turned into a friend. Brilliant. Enjoy !

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