If Google has its way with Google Wallet, your bank and credit cards will be obsolete. The only things you'll need a wallet for are IDs and cash. But is Google's vision really the future of money, here today?
Soon digital security firm Gemalto's new MasterCard PayPass SIM card will make NFC payments possible on all GSM phones—whether smart or dumb. It means that you'll be able to use the SIM to manage and make mobile payments and—if it's successful—the SIM could bring the first mass commercial rollout of NFC payments…
Starting in Turkey, iPhone users will soon be able to use Visa's NFC payment system at one of the 40,000 cash-registers signed up to the scheme. For now those iPhones will need an iCarte dongle, plus the compatible app.