Ring It Up
Giving new meaning to the term "pay phone"
Just say "Charge it!"--with your cell phone. Depending on where you live and work, you might buy a latte at Starbucks or a burger at Mickey D's, fill up your tank, wash your clothes or buy an official NBA T-shirt by tapping a few of those little buttons.
Mobile payment systems are still in trials, but creators hope to grease the skids of m-commerce, give your corporate credit card a run for your money and do away with small bills altogether. Phone payment is for those situations where correct change is a hassle and credit cards are impractical--like buying a client a hot dog at a ball game. Phone transactions also make tracking small T&E expenses easier, notes Patrick Bird, CEO of Cellbucks, which lets fans buy food and sports memorabilia without leaving their seats.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
These Co-Founders Are Using 'Quiet Confidence' to Flip the Script on Cutthroat Startup Culture and Make Their Mark on a $46 Billion Industry
-
My 7-Year-Old Daughter Started Selling Eggs. Here's What She Taught Me About Running a Startup.
-
Why You Need to Become an Inclusive Leader (and How to Do It)
-
Career Transitions You Can Make in Your 40s and 50s
-
Billionaire Naveen Jain Is an Expert at Disrupting Fields He Has No Experience In. His Secret Sauce for Building Multi-Million Dollar Companies? 'You Have to Come as Naive.'
-
4 Principles to Develop Next-Level Leadership at Your Company
-
This Filipino American Founder Is Disrupting the Beverage Aisle by Introducing New Flavors to the Crowded Bubbly Water Market