By Patty Seybold
Starting this fall, e-wallets will become available for our mobile phones. When I use the term “e-wallet,” I’m talking about enabling consumers to pay for things using their mobile phones and to pay each other via mobile phone. No cash, no plastic credit cards, no checks needed. You carry your money, credit cards, debit cards, rewards points, and loyalty cards around with you digitally. At the point of sale, you choose which payment type you want to use: take cash from your checking account, use money you’ve pre-loaded on a stored value “card,” charge it to your phone bill, charge it on a credit card account and pay later, and so on. Like a physical wallet, you can put things into it and take things out of it. And you can carry it around with you wherever you go.
Microsoft's Wallet Hub will debut with Windows 8