New technology is in the works via Apple inc. to create a fully-functional payment system that simply requires your cellphone. The mundance activity of using a credit card was once a novel experience. But today, many people don't even use cash anymore.
"The advent of the mobile Web and smartphones could push the banking industry through some major changes."
People seem to enjoy and increasingly adhere to the simplicity inherent in smartphone technology. With the incorporation of paying via phone, we may an even further streamlined integration of cellphone technology with the rest of market and economy.
Be prepared to quickly find yourself shopping with your phone.