A crash course in changing the world.
I think mobile payments will be established within the next 5 years. Money is already digitized for years, then why not also use the same on the phone.
"In the past year, mobile payment systems have picked up steam and are now becoming mainstream. Could our wallets be replaced one day soon by our smartphones? " - PCMAG, July 8, 2011
In my opinion - YES. Why we need a wallet and a cellphone?
Check out this infographic by G+ and you will recognize that Mobile Payment is getting more and more important.