The future of mobile payments?

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Contactless payments are becoming more visible on the high street now and as consumers accept this new way of paying, more hardware suppliers look for ways to capitalise on the growing trends. People want to pay with their phones now, whether they are apple or android.  Magnetic cards and chip and pin could start to disappear and give rise to more secure ways to pay.  A great article on gigaom gives an insight into what payments may look like soon as payment hardware providers scramble for the upper hand.