What’s Wrong With Cash Anyway? Plus, PayPal CEO’s Favorite Tech

Here are our top five tweets from the week that was. Keep tweeting, and we may feature you next Friday.

@PaulsRandomStuf: I really don’t want to start using my phone to pay for more things. What’s wrong with cash? http://via.me/-39bwoua

Hold it now! This is blasphemy in the payments industry — and we can think of a dozen firms who would love to talk to Paul about the differences between electronic and cash payments. But, isn’t there a saying about the customer always being right?

See the original tweet here


@davidmarcus: Really love Path 2.5. Well done Dave, Shak & team!

You usually have to jump through all kinds of hoops to arrange an interview with a top-level executive like Marcus to ask questions such as, “What are the latest innovations in technology that you think are really well done?” But Twitter makes the process much simpler: now everyone knows the head at PayPal sees some potential in Path, an upstart social network that keys on connecting users to their closest friends and family.

See the original tweet here


@AmericanExpress: See how to get $5 statement credit when you sync Amex Card w/ @Foursquare & dine out during #NYC Restaurant Week! http://aexp.co/6Sy

Speaking of the intersection of payments and technology, we still find this partnership intriguing. Foursquare has made quite a few changes to its platform lately, including several new opportunities for generating revenue; working with Amex could help that department as well.

See the original tweet here


@MatthieuPA: according to some @Square , @PayPal lost its innovative edge RT @pymnts: Square Exec: PayPal Is “Part of the Problem” http://ow.ly/csoem

We had to mention this story again, just one tiny part of an entire week’s worth of interesting back-and-forth between payments companies. Shortly after a Square exec took to Quora to dismiss a PayPal merger, VeriFone’s CEO likened Square to a 2000s web startup. We hope you were keeping up with our daily newsletter!

See the original tweet here


@Discover: Get the jumbo popcorn! Sign up to earn 5% Cashback bonus on up to $1500 in purchases @ the movies 7/1-9/30 Details: http://discvr.co/PJhtIu 

Can you imagine spending $1500 at the movies in two months?! Hey — at least with Discover, you’d only be out $1425!

There’s our top five for the week. Have a great weekend, everyone!