Austin Carr reporting:

“Existing models don’t go away until they are replaced by models that work better,” PayPal’s Nayar says. “I think people are getting held up in the technical possibilities, and are forgetting that at the end of the day, the consumers have to choose to use it. Unless they can see advantage in doing this versus the existing way of paying, I ask the question: Why would they? The consumer needs to see the benefit beyond, ‘This is just cool.'”

This sounds an awful lot like this:

There’s no chance that the iPhone is going to get any significant market share. No chance.