July 9, 2011
PayPal predicts that the wallet will be dead by 2015 and has acquired mobile payments provider Zong for $240 million.
The contenders include:
- Google Wallet — for Android users.
- ISIS — a coalition between AT&T, Verizon, and T-Mobile.
- Visa Wallet — expected to handle multiple cards and payment options through many financial networks.
- Serve by American Express — American Express customers.