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January 17, 2011

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Phil

What do you foresee for peer to peer payments? That is, person to person transactions such as the giddy purchase of treasure at a garage sale? If merchants use the next generation equivalent of the credit card swipe, would personal transactions take place via some variant of IBM's PAN (Personal Area Network) where a handshake seals an electronic deal and even deposits an electronic business card along with the receipt?

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