n one of the most technologically advanced countries of the world, it comes as no surprise that all financial transactions are becoming purely electronic. And what better than a mobile that functions as your wallet too!

A leading provider in this fascinating trend is Edy, which offers bitWallet, which is a notch higher than earlier smart phone cards. With the mobile wallet technology, the smart card is built into the mobile phone. NTT DoCoMo is another mobile wallet service provider, using the wireless smart card chip, i-mode FeliCa (based on the English word 'felicity'). The company is also working on creating a wireless credit card for mobile phones. ... more