Future Mobiles

[via Kingsley Dennis] The Age writes:

Voice will remain the “killer application” on the phone but, increasingly, the handset will provide a multitude of internet-based services, most of which have not yet come on to the market.

The mobile phone will become your ticket on the train and tram, it will pay for your breakfast muffin and coffee and, according to Visa and MasterCard, it could even take over the functions of your credit card.

You can already buy tickets over the phone, but we will see the phone becoming a payment method itself, according to Vodafone’s Victorian general manager Edward Goff. The phone will hold the credit so the Visas and the MasterCards will be doing deals to make the payment method fully integrated with the phone.

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Rajesh Jain

An Entrepreneur based in Mumbai, India.