The idea of paying for things with your mobile phone in Canada is gaining momentum. Again.
The politicians, the banks and the mobile carriers all stir this pot every few years.
So don’t get too excited. It’ll die down here again soon.
At first blush, this thing called “mobile payments” seems like a grand idea. Leave your wallet at home! Just pay for stuff with your phone!
If that sounds kind of futuristic, well, it isn’t. It’s just that you’re in Canada. As usual, most of the rest of the world is way ahead of us on this. But for once that might be a good thing. There are a lot of reasons not to use your mobile phone as a payment device. Continue reading