Motorola has just announced that they will soon be launching a mobile payment system for US mobile phones. The service, to be known as the M-Wallet, won't be the first in the US; Cingular is testing a similar near-field communication service with Nokia in Atlanta. It could be the first to launch nationwide.
And indeed companies throughout Asia and Europe have largely unsuccessfully been trying to crack mobile payments for over a decade. But mobile payments has to happen one day. And the fact that the major hansdset manufacturers and operators are now diving into it proves that soon it should take off.
I am just left wondering when it will happen and what the compelling application for smart mobile wallets will be that will shift the consumer away from intrenched habits such as pulling out cards or coins.
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