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Are Smartphones the New Credit Card? Where e-Commerce is Heading

While it may seem a little early to be talking about a smartphone as a form of currency, the reality is that new uses are being found for these devices every single day. As the user base of mobile phones increases, so do the number of apps aimed at this young and burgeoning market. It is now estimated that half of all American adults now own a smartphone.

In some cities, you can actually use your phone to purchase train or bus tickets on the go, showing your digital ticket stub to the driver as proof of payment. If you didn’t think that a mobile device could become as good as money, perhaps it’s time to rethink the usefulness of this popular technology. After all, we’re not just talking about some toy, we’re talking about a…

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