Alistair Goodman, Placecast CEO; Paymentsnews, June 28, 2012

“The future of commerce is being dramatically transformed by smartphones, putting consumers in control. Consumers like convenience, to save money and to be rewarded for their business ... We expect to see even more exciting avenues for monetization emerge as more people open up their mobile wallet.”

Paul Cwalina, a senior vice president at First Data, which processes payments for millions of businesses and helps power Google Wallet, the Internet giant’s foray into mobile payment.
"Credit cards are going to be used more rarely, and mobile is going to happen a lot faster than plastic. This is not a fad." ~QSR mag, June 2012

Brett King (author: BANK 2.0) - "I'll Never Login with Facebook to my Bank!" - Dec. 11, 2011
"We’re seeing the global domination of mobile across the entire world, where before long every person on the planet will have a mobile phone – and soon that phone will be a wallet. Smartphone owners will be the majority in just a few years as smartphones are virtually free on contract, and unlimited data is bundled free."

UK Business News/IBTimes - "Next Generation to be Born Into Cashless Society" - Nov. 24, 2011
"Today's younger generation will trade in their cash, credit cards and cheques for mobile digital wallets by 2016, new research claims. Children born today will be Britain's first cashless generation and will frequently use their smartphones in exchange for goods and services, according to a report by the research company Forrester for the e-commerce site PayPal."

L. T. Hall, banking consultant, quoted in Wall Street Journal - Nov.30, 2011
"Many bankers don't quite get the fact there is a new normal, a new world order that is coming to banking."

Jeffrey Milman – The New York Times – June 24, 1999
“Chips can be programmed to store monetary value, just like EZ-Pass and Metrocard. If such a chip were implanted in the fleshy part of the palm of the hand, with a wave we could pay highway tolls, pass through subway and bus turnstiles and breeze through the supermarket checkout. Just think of the value to society: no more cash to worry about, or waiting for change, and no more muggings. This is the cashless society we have been dreaming of for years.”

David Wolman – Wired magazine – June 2009
“Unfortunately, the world’s governments remain stuck in the past. In an era when book, movies, music, and newsprint are transmuting from atoms to bits, money remains irritatingly analog. Physical currency is a bulky, germ-smeared, carbon-intensive, expensive medium of exchange. Let’s dump it!”

comScore Chairman Gian Fulgoni - internetnews.com - May 15, 2009
"The smartphone is to mobile advertising what broadband was to the PC. Pre- and post-broadband, it's night and day, and mobile commerce will go through the same type of transition. Mobile purchasing is small today, but we do believe the technology is aligning to make it much more prevalent. As smartphones become a bigger part of the market, and users become more confident, mobile e-commerce will gain traction."

"There's a whole new economy of mobile applications that are making buying transactions easier. As consumers become more aware of them and they reach critical mass, the market will move."

Ray Hammond - "Digital Business: Surviving and Thriving in an On-Line World"

"The emerging network economy will cause widespread disintermediation (the elimination of middle distribution channels) and it is clear that only those companies which move quickly to the new model will survive and thrive."

Cashless Society by 2012, says Visa chief (The Independent on Sunday) - March 11, 2007
"Paying for goods with notes and coins could be consigned to history, according to the chief executive of Visa Europe. Peter Ayliffe said that, by 2012, using credit and debit cards should be cheaper and more convenient than cash."

"Mommy Doesn't Carry Cash" - Forbes.com, Sept.16, 2002
"This is how the cashless society is creeping up on us ... from established players like Visa using humdrum tools like debit cards. 'The cashless, checkless society is coming,' insists Carl Pascarella, chief executive of Visa USA. 'But it's not the big bang that everyone was expecting. It's a silent revolution.'"

InformationWeek, October 5, 2010: "The Customer Web"
"The Web is where people want to do business ... (It's) where people are accustomed to lots of new features and functions."

Jacob Jegher, senior analyst, Celent (quoted in Information Week, Oct.5, 2010, "The Customer Web")
"A customer with online banking plus bill pay plus personal financial management, is a customer for life ... Still, if you are a Twitter or Facebook user, or you shop at Amazon, these are rich, Web 2.0 sites. Then you log into your bank account, and it's circa 1999."

Daniel Roth - WIRED magazine, March 2010: "Money Wants to be Free"
"Cash, checks, and credit cards -- who needs them? The new global currency is flexible, frictionless, and (almost) free ... Your wallet may never be the same ... For businesses that depend on moving money, the distributed, lower-cost, easier-to-access future can't come soon enough."

L. T. Hall - banking consultant, Alpharetta GA; Wall Street Journal, 11/30/11: "Ax Falls at Smaller Banks" (Money & Investing seciton)
"Many of the bankers (of small banks) don't quite get the fact there is a new normal, a new world order, that is coming to banking."