The Mobile Payments Trend

Jack Blog

January 20th, 2011 By Jack Morton

 

This week Starbucks and McDonalds announced that they are rolling out “contact-less” payment systems where constumers can pay for their Happy Meal or Frappuccino via their mobile phones! The Starbucks mobile card seems to be powered by an iTunes app that is linked up to your PayPal or Credit Card info. McDonalds on the other hand, partnered up with Visa Europe to launch the system!

Will 2011 mark the death of our plastic credit cards?

(For more information, check out BrandRepublic & Mashable)