Your Phone Replaces Your Wallet
Long promised, never realized, mobile payments will finally take off in the U.S. in 2010. Already the sector is a beehive of activity, with companies like Zong and mPayy enabling customers to pay for online purchases with only a phone number. Obopay, another mobile-payments company, received $35 million from Nokia in 2009, and it will have a wide rollout on that company's phones. Perhaps the best sign that the sector is poised for takeoff is that Twitter creator and tech superstar Jack Dorsey has set his sights on it. (Source: Newsweek)
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Chris De Herrera
Microsoft MVP - Mobile Devices & Tablet PC
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