The Micropayments Baloney, Again

In an otherwise bland AP story on the micropayments sector, two pieces of supposed info stand out: first that Visa USA is looking at the micropayments sector with interest, which again, means nothing, because I am sure someone in the company has also looked at the ball bearings market with interest as well…

Another quote by RedPaper.com founder Mike Gaynor sums it up: “Micropayment technology in and of itself is about as interesting as new and improved dish soap”..he says. Lesson: do not get excited what till now is just vaporware…

Comments have been disabled for this post