Card Issuers and Card Schemes proposed as the best wallet trust…

With the emergence of ever-smarter mobile phones with Near Field Communications (NFC) and the Host Card Emulation (HCE) standards, the mobile phone has the potential to complement traditional Internet or SMS payment channels. Instead of pulling out the physical wallet to access cash, credit cards, loyalty cards, coupons or tickets, everything can be securely stored in, and retrieved through, the mobile phone.

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