Verizon And AT&T Make Shopping Simple: How Smartphones Could Replace Credit Cards

Verizon And AT&T Make Shopping Simple: How Smartphones Could Replace Credit Cards

Leave Your Wallet At Home And Carry Nothing But Your Smartphone.

Ah, credit cards. Those pieces of plastic we’ve come to know and love and use for more than 50% of our purchases.

At LearnVest, we can teach you everything you need to know about credit cards. From knowing why your credit is so important, to tackling credit card debt, we’ve got you covered.

But what if we told you there might not be any more credit cards filling your fit and trim wallet? Could our smartphones really replace our credit cards?

It should come as no surprise since our mobile devices can do just about everything else, but now AT&T and Verizon are proposing to team up with Discover Financial Services to bring us contactless technology—customers will be able to make purchases with the wave of a smartphone.

To read more on the venture, head to Bloomberg Businessweek.

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