Tuesday, July 11, 2006

Mobile Wallet

This just in from CNN MOney.
A growing group of startups and established players like PayPal, MasterCard (Charts), and Cingular are betting that the cell phone is about to become king of small, on-the-go, cashless transactions. Total worldwide mobile payments will reach $24 billion this year and $55 billion by 2008, according to technology analysts at Celent.

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