Plastic cards are declining? Absolute fallacy:
http://www.apca.com.au/payment-statistics/transaction-statistics/cards
Tell that to Square. Major investor - Visa. $3BN market cap, most based on card present.
See this:
http://www.smartplanet.com/blog/bulletin/despite-the-hype-e-commerce-still-only-a-small-fragment-of-retail-sales/28115
I don't doubt that m-commerce is a growth area. I just struggle to see how their announcement today correlates into huge growth. You're just repeating generalizations.
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