The take-up of smartphone doubled in 2012, which means almost half of Australia’s adult population is an owner of one.
Mobile payments are fast becoming an innovative way businesses are able to engage with customers, Fred Schebesta wirtes.
Apple is making a radical push for the digital wallet with the release of its latest OS, iO6, which will feature an app called Passbook.
Westpac together with MasterCard are trialling an NFC chip embedded into a smartphone's SIM card for a contactless payment application.
Due to the mass adoption of smartphones, it is changing the way people are able to pay, a new report from Deloitte says.
PayPal Australia has launched PayPal Here, a smartphone application and accessory that turns a mobile phone into a payment acceptance device.