My Way News - Companies struggle to popularize mobile money
My Way News reports: "Mobile money may seem like a hot concept, but consumers aren't warming to it [...] Companies are building chips antennas into phones that let the gadgets interact with "tap to pay" terminals and other devices equipped with short-range sensors, like subway turnstiles. But getting the technology to do something useful and convincing people to adopt it is a slow process."

Comment: Not really the MOTB, of course, but mobile-commerce news is always interesting because it always seems just about to take off but never quite gets there. Of course, I'm talking about Western markets, there are many places in the world where paying with cell phones is common, but so far, the U.S. consumer and even many Europeans can't pay now the way they do in parts of Asia.