PayPal's mobile payment salvo

Mobile payment technology will one day make our wallets obsolete but which model ends up leading the way and who emerges as the dominant player is hard to predict.

The mobile payments story is gathering pace and the latest move by Paypal to launch a mobile payment device for smartphones brings Australia one step closer to a reality where our wallets become obsolete. 

Today’s infographic takes a look what's going on in the mobile payments scene, who the major players are and the major models in place. 

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