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Bitcoin will go mainstream for mobile payments in 2014, predicts iPad POS maker Revel Systems

by David Needle

December 21 2013

"The integration of wearable data will help consumers make smarter choices at checkout," says Revel Systems CEO Lisa Falzone.
"The integration of wearable data will help consumers make smarter choices at checkout," says Revel Systems CEO Lisa Falzone.

BItcoin, the controversial digital currency, will become a mainstream option for online shoppers in 2014, as just another digital currency like PayPal and Google Wallet. 

So predicts Revel Systems, a provider of iPad-based Point of Sale (POS) systems for retailers. 

Separately, in a bit of good timing for that prediction, online retail site Overstock.com just announced today that it plans to become the first major U.S. retailer to accept Bitcoin payments in second half of 2014. 

"This year the retail industry will see major shifts take place, whether it is the convergence of online eCommerce with brick-and-mortar retail, the rise of digital currency like PayPal and Bitcoin at the checkout, or the integration of wearable data to help consumers make smarter choices at the checkout," said Lisa Falzone, CEO and founder of Revel Systems.

Technology will help you watch your weight

The company also predicts POS systems will integrate with personal data trackers such as Fuelband, Fitbit and Up. The idea is that as you burn calories during your day, these devices will communicate with POS systems at order times and download how many calories you will consume, and recommend meal and menu items based on your daily caloric intake goals. 

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