Mobile payment to take off in 2013

New mPayment systems were showed at Mobile World Congress

Technologies such as Near field communication (NFC) and mobile applications are changing the way consumers pay for goods. Google Wallet, Apple’s Passbook, Isis Mobile Wallet and Visa payWave are part of a market which showed, during the Mobile World Congress (MWC) in Barcelona, new mobile payment services from around the world.

The South Korean MoCa Pay describes itself as “the most convenient and intelligent payment service” and according to Jai Jang, Vice President of...

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