Get Rid of Your Wallet, The Future of Money is Here: Mobile Payments from Mastercard

http://www.youtube.com/watch?v=njjREhucsLE

Last Thursday, I had the opportunity to attend MasterCard’s Media Day event in NYC. The invitation was rather vague as to what to expect, though I did know that it concerned mobile payments. What shocked me was that this wasn’t some test demo of a future technology—MasterCard has teamed with Google’s Wallet software, Citi credit cards, and Sprint’s phone network to put together live shopping experiences that we can expect to actually be using in a few weeks. This holiday season, most of us will be pulling out wallets stuffed to the brim with receipts, coupons, wish lists and more. But if you’ve got a supported phone with NFC technology on Sprint, then you could be tapping your cell phone all over the place, making everyone else look distinctly 20th century. Read More