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Wednesday May 22nd 2013

Money is going mobile – that means your cash, credit cards, checkbook and wallet

Mobile payment hasn’t become the de facto method of financial transactions just yet, but it is projected to overtake those archaic checkbooks and bank notes you’ve been lugging around.

Our friends at SapientNitro have compiled research to create this infographic, which details the past, present and possible future of mobile commerce. The company shares the three types of mobile payments that dominate the marketplace today: m-commerce (uses a mobile browser and online wallets), m-payments (uses mobile apps), and m-wallets (replaces your entire wallet). Furthermore, consumers can access several forms of transaction on their mobile devices, including scannable barcodes, mobile coupons and self-checkout.

Read more: Mashable

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