All your cards altogether in a virtual wallet that goes anywhere.

We’ve been asked to think about paying for things in a way we never have before. Some of the world’s biggest companies are trying to open our minds to the concept of your phone as a mobile wallet.

All with a single tap of the phone.

All our cards held on the SIM, the latest offering from three major phone networks will also allow stores to send a special offer alert as we walk past.

We don’t want it be annoying actually and our shareholders don’t want it to annoy you. If it did, it will jeopardize their relationship with you, which is much bigger than a few advertizing messages.

You choose to obtain but will people? Is this a cultural revelation or just a fat?

Retailers aren't gonna offer this as a service to people as a means of paying unless they know the people that can use it, but people aren't gonna use it unless they know there’s a lot of retailers that they can use it at.

It’s quite upset from the UK’s first credit card, which was introduced in 1966. Fears of fraud then saw chip and pin cards trialed in 2003, and rolled out nationwide a year later. The first contactless card transaction took place in 2007. And the same technology on a phone was piloted. Passport of the 2013 and the battle to control virtual wallet is heating up.

From burgers to bergs.

People are still to get to grip with contactless payment by card face they’re making a transaction on a phone leaves most a bit nervous.

Maybe Fiat got curious on it, a lot passports … (English?)
Well, obviously if something is stolen and … (Londonish?)

There will be a limit to what you could buy without entering a pin but still this could make the phones even more attractive to criminal.

First of all I would want to add a password to my mobile device, but then I would want to ensure there is a different password to the actual mobile wallet itself, so potentially I want so in password. And also I would register a credit card, I suppose a debit card to that wallet.

Over the years, the mobile phone’s gone from a novelty, to a luxury, to a necessity for many. Its latest transformation may take a little longer to being true.

Liz Lane, Sky News.