PayPal's CEO says digital payments will replace credit cards (PYPL)

This story was delivered to Business Insider Intelligence "Payments Briefing" subscribers hours before appearing on Business Insider. To be the first to know, please click here. At TheStreet’s Investor Boot Camp Conference, held last week, PayPal CEO Dan Schulmannotedthat he believes credit cards will be largely obsolete in 20 years. Schulman thinks they’ll be replaced by more convenient digital methods, like contactless or QR code-based payments, and that customers will still need a funding...