Isn't the title of the article taken out of context? I don't think Nicholas defended the case of "plastic credit cards", but rather laid out the case for Visa as a key player in the mobile payments game, which Visa and Mastercard will surely dominate and drive very successfully. Digital payments in the form of wallets, as highlighted by the above article, will take over, hence plastic cards are not needed any more but rather tokens paired with HCE or SE technologies... Credit cards made out of plastic are surely going to disappear in a decade or so. The title of the article should rather be "Long live the schemes". Regards, Bjorn