How Mobile Phones Are Becoming The New Credit Card

Posted By: on July 24, 2011
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Mobile Phone Credit Cards

 

It is a distinct possibility that you will no longer use the credit cards in your wallet this time next year. Sure, you’ll be keeping them just in case as that’s what credit card companies will recommend, but instead of pulling them out and swiping them, they may just be a backup. Your smartphone has a good chance of being the preferred method of payment in the very near future.

As described in this infographic by our friends at GPlus, the mobile payment market is exploding like few others in the history of making payments. It makes sense, as the phone is quickly turning into the most accessible item we carry in our day-to-day lives. Why not make it even more useful?

Click to enlarge.

Mobile Phone Payments

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