Preparing for a mobile wallet future

01/2/2012 | Marketnews Magazine (Toronto)

Mobile phone makers began releasing their first models equipped with the near field communication technology that consumers need to use their smartphones as mobile wallets, but wide adoption of the payment option will also require retailers to invest in point-of-sale systems that work with the technology. Proponents say enabling mobile wallets can speed the payment process and boost sales.

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Marketnews Magazine (Toronto)

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