Why can’t you pay for more things with a wave of your mobile phone?
Feb 25, 2019

Why can’t you pay for more things with a wave of your mobile phone?

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The big telecom show Mobile World Congress kicks off in Barcelona this week. Expect a lot of talk about phones and the things you can do with them. After reports last week that Apple and Goldman Sachs might launch a credit card potentially tied to the iPhone's digital wallet, there will probably be plenty of talk about mobile payments. But weren't we supposed to be paying for everything with our phones by now? Host Molly Wood talks with Lisa Ellis, who covers payment services at the research firm MoffettNathanson. She says when we moved to chip-based credit cards a few years back, we kind of missed the mobile boat.

Today's show is sponsored by Kronos and Topo Athletic.

 

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Why can’t you pay for more things with a wave of your mobile phone?

Feb 25, 2019
We were promised mobile payments, but seems they're off with the jetpacks somewhere.
Guests demo Samsung Pay at Samsung Unpacked in 2015 in New York City.
Donald Bowers/Getty Images

The big telecom show Mobile World Congress kicks off in Barcelona this week. Expect a lot of talk about phones and the things you can do with them. After reports last week that Apple and Goldman Sachs might launch a credit card potentially tied to the iPhone’s digital wallet, there will probably be plenty of talk about mobile payments. But weren’t we supposed to be paying for everything with our phones by now? Host Molly Wood talks with Lisa Ellis, who covers payment services at the research firm MoffettNathanson. She says when we moved to chip-based credit cards a few years back, we kind of missed the mobile boat.

Today’s show is sponsored by Kronos and Topo Athletic.

 

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