Canada Slow to Implement Wireless Payment Processes

So what else is new? Typical of Canadian business to be slow, at least in part to squeeze the maximum return out of their now-outmoded systems and processes.

I bet the biggest delay in implementing this business process technology is the arm-wrestling between the banks, Interac, VISA, wireless providers, to see who'll own the solution - because who owns the solution will own the revenue stream to gouge out of consumers and retailers.

I loved that part in the Globe & Mail article about leaving home and only needing your car keys & cell phone, implying no wallet necessary - will they be doing away with drivers' licenses, loyalty cards, other credit cards etc?

Gotta love those marketers...why not put an identity chip under the skin on the back of your hand - let it communicate with everything - then you really won't need a wallet...