From the article:
- PayPal and Discover Financial Services reached a deal on pre-paid cards in August, and Google Wallet and Discover recently reached a deal.
- Companies try to overcome fragmented mobile payment landscape by going to plastic.
- PayPal’s and Google Wallet’s traditional plastic payment cards can be funded from multiple different sources.
From the article:
But just because some players are turning to plastic to augment their payment systems doesn’t mean that credit and debit cards will enjoy any longer life or that NFC is dead, said David Talach, vice president of strategic partner development at point of sale equipment vendor VeriFone. Cards are just one way to expand payments now while waiting for other technologies and channels to mature.
