The February 2010 issue of Wired magazine has a fascinating article about electronic money. Read the article here.
Much of the article is about the granddaddy of electronic payments, PayPal. Lottay is a partner of PayPal, of course, taking advantage of PayPal's developer platform. Lottay.com enables you to send money to someone as a gift and make it actually feel gift-like!
Our big vision for Lottay is to help take PayPal into the realm of "social payments": online gifting, paying each other back for dinner, personal loans, sending money home (or to your kids in college), the office pool around the Oscars, that sort activity.
It's the future of money!
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