Your wallet may soon disappear into your phone

Personally being involved in many discussions, I believe that mos people interested in technology have at some time or the other wondered about the integration of your wallet into your mobile. I am talking about payments to be done through the mobile, or use he mobile as your ID card ? Well if the tech giants of the world have anything to say, it might happen more sooner than you might think. After replacing many of the small gadgets that you might use, and provide additional functionality into the phone like, camera (Check out 18 innovative uses of that phone camera here) , FM Transmitter and receiver, gaming device and many more; the phone giants staring with Apple are now looking to completely replace your wallet into your mobile.

This magic technology is called NFC or near field communication. Although the possibility of doing this has been evident for a long time using RFID tags, its just now. But NFC is coming over in a big way to a mobile near you; all courtesy to Apple. Yes, we know people are suckers for anything Steve Jobs seems to be making and selling including the ridiculous iPad. Getting back to Near Field Communication …

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