Monday, April 30, 2007

Paying by mobile, that’ll do nicely

Not satisfied with replacing your landline, MP3 player, camera and alarm clock, mobile phone manufacturers have now set their sights on supplanting your wallet. Their new generation of phones will link to your credit or debit account as part of a joint initiative with phone operators, banks and credit card companies. They predict this one-swipe payment technology will potentially replace cards and cash and make it possible to go shopping armed only with a mobile phone.

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