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Mobile Payment Options Emerging  Mobile Payment Options Emerging
Mobile Payment Options Emerging  As the idea of online payments
using services such as PayPal becomes more common, service
providers and software companies hope to expand the concept to
wireless phones.  Although personal mobile payments are in the
early stages in the United States, it won't be long before the
idea of using your cell phone to make small purchases or to send
money to your friends becomes as commonplace as handing over
cash.  As consumers gradually shift more and more of their
purchases from cash to debit and credit cards, using account
information stored on your mobile phone is expected to become a
popular payment alternative.  In early 2010, mobile transactions
account for about 2 percent of all purchases made in the United
States. That percentage is expected to reach 20 percent over the
next three to five years, according to the Electronic Payment
Association.  Mo