Mobile Payments Gain Energy

Smith, Brad
April 2007
Wireless Week;4/15/2007, Vol. 13 Issue 8, p14
Trade Publication
The article discusses the emergence of mobile payments in the U.S. For a consumer to use his or her mobile phone as a payment machine, he or she has to build a credit or debit card into the handset or by using the handset to make a payment over the wireless network. With this, experts predict that 2007 will see retailers using mobile payment systems whether over the air or contactless. They also stress that consumers need to be protected while using the services.


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