HSBC Says Virtual Currencies Will Soon Become Mainstream

What's Next In Payments®
4:52 PM EDT June 6th, 2012

HSBC expects virtual currencies to become a popular form of exchange in the near future, according to the Financial Review.

“We have a planning assumption that virtual currencies will become mainstream in three to five years,” said Andrew Davis, HSBC’s global head of e-channels strategy and innovation.

Read the full story here.

Comments
Also by This Author
What's Hot
Merchant Innovation
Apple’s New Retail Chief To Start Next Week
Merchant Innovation
Prime Pantry Lets Amazon Customers Ship Groceries For a Flat Fee
Mobile Commerce
800 Million iTunes Accounts … And Then What?
Company Spotlight
Court Dismisses 3 Card Issuers From Decade-Old Arbitration Case
View All Articles ››
You May Also Like
Company Spotlight
Different mPOS Strokes for Different mPOS Folks
International
Digital River Offers A Sneak Peak At Mobile eCommerce Trends
Mobile Commerce
Trustwave Buys Cenzic To Beef Up App Testing Capability
Merchant Innovation
Apple’s New Retail Chief To Start Next Week
Merchant Innovation
Prime Pantry Lets Amazon Customers Ship Groceries For a Flat Fee
International
What Can $698M Do To Innovate African Entrepreneurship?
B2B Payments
How Digital and Data Will Transform Corporate Travel
View All Articles ››