More companies join mobile payments rush

With Wal-Mart and Starbucks both announcing plans in the past week to make it easier for customers to pay using smartphones, the mobile payments market is finally moving into the mainstream.The bold prediction by PayPal that by 2016 people would no longer need to take their traditional leather wallet with them on shopping excursions seems less futuristic as big household names get behind mobile wallet projects.To continue reading this Financial Times report, go to:

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