editor@creditsesame.com'/

Not long ago, we wondered if credit cards would replace cash at the register (they did). Now, it seems even credit cards may be facing new competition — from smartphones. As more and more people arm themselves with smartphones, they are not only using them to make calls, browse the internet or play games. They’re increasingly using them as payment devices.

Thanks to new technology and smartphone apps, taking out your smartphone to pay at the register or swap money with a friend is no longer a possibility: it’s reality. Take a look at our infographic for an overview of the latest mobile payment technology, and experts’ predictions for its growth in the near future.

 

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Published May 4, 2011 Updated: August 7, 2014
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9 responses to “Will Smartphones Replace Your Wallet?”

  1. Darrell Ellens says:

    I really do think that mobile payments are a way of the future. This market will continue to grow, it will become easier and easier to use.

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  5. […] perspective. Thanks to a Tweet from Guy Kawasaki I stumbled on a series of visuals and stats from Credit Sesame. It’s no secret that the pull for mobile payments, both in the consumer and small […]

  6. A great next step in the interactive interface of the complete customer experience!

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