AOL.com Video - Mobile Money Nearing Its Moment

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Mobile Money Nearing Its Moment

Description:Mobile payments are already mainstream in some markets, but in Europe the uptake has been slow. At the recent Mobile World Congress in Barcelona, a familiar message was ringing out. That contactless payments are to become commonplace in the near-term. Louise Farrant demonstrates how the technology called Near-field communications, or NFC, works. (2:18)

Source: Reuters

Tags: Mobile Money Nearing Its Moment , barcelona tech show , louise farrant , mobile world congress 2012