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Contactless payment to migrate to cellphones.(INSIGHT: ONE MONTH'S WIRELESS RESEARCH)

While more than 40 million contactless payment cards are expected to be shipped globally this year, card-based contactless payment is seen as just an intermediate step as Near Field Communications (NFC)-enabled mobile handsets may soon become the platform of choice for the service. According to ABI Research, by 2010 some 500 million units will incorporate NFC capabil

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