Credit Cards Pushing E-Money Out Of The Picture

from the just-give-me-my-plastic dept

I’ve always made fun of most e-money schemes, because I couldn’t see why they would work over credit cards. It seems that the companies behind those e-money schemes are now agreeing. They’re all changing their business models and admitting that credit cards are winning the game. Why they didn’t think this would happen in the first place, I don’t understand. I also don’t understand why they thought cute names like Flooz or Beenz would work. To be honest, names like that make me want to stay as far away as possible. I don’t want Flooz. I want money.

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