Which Milne News Today

And what do i do? >> basically, i just select the location, type in how much i owe them and hit pay, they confirm that i paid, and the transaction is over. >> thats it? >> thats it. no cards, no cash, no nothing, just all based on the internet. >> reporter: the target is not just paper money, but more specifically, credit cards that charge percentages on every dollar of every purchase, tens of billions paid by merchants and consumers alike. other companies are trying to undercut that system, whi...

Youre basically trying to kill money, arent you? >> well, were trying to give people a better alternative to actual cash, yes. and he explains it with a quick stop in a restaurant, his cell phone and the app that connects him to his company, called dwalla. so i sit down here and i order a cheese panini and the bill comes and what do i do? >> basically, i just select the location, type in how much i owe them and hit pay, they confirm that i paid, and the transaction is over. >> thats it? >> thats...