ReadWriteEnterprise

With the rise of startups like Square, and near-field communication technology going global, we're seeing payment systems change drastically in the real world. These tools are making our lives easier and are enabling new transactions to occur that would not have been possible before.

Surprisingly, however, we are not seeing much change at all in payment systems online. PayPal is still huge. We still need a credit card for almost all transactions online. In my opinion, attention on payments needs to be directed back to the Internet - because there are a huge number of negative effects resulting from using credit cards online.