Thanks to a variety of mobile payment systems, buying and selling goods and services has never been easier. Increasingly, mobile devices are becoming both credit-card readers and stand-ins for the cards themselves. It might not mean the end of cash just yet, but we’re moving in that direction. “Ten years from now, we’ll be able to live without much of a wallet,” said Todd Ablowitz, president of mobile payments consulting firm Double Diamond Group. “We are seeing a march in that direction.”
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Hey, Mom - What's a Wallet?
Posted by: Vivian Wagner August 31, 2011 05:00 AMThanks to a variety of mobile payment systems, buying and selling goods and services has never been easier. Increasingly, mobile devices are becoming both credit-card readers and stand-ins for the cards themselves. It might not mean the end of cash just yet, but we’re moving in that direction. “Ten years from now, we’ll be able to live without much of a wallet,” said Todd Ablowitz, president of mobile payments consulting firm Double Diamond Group. “We are seeing a march in that direction.”