Mastercard Incorporated (NYSE:MA): Current price $510.89
Mastercard revealed its effort to dominate the mobile payments market on Monday with a virtual wallet, permitting customers to keep personal payment details in their phone and thus avoid checkouts by scanning bar codes in-store to pay. Financial services firms such as Google Checkout and eBay’s PayPal are searchng out methods through which to capitalize on the prevalence of consumers’ sophisticated phones by supplying programs that house credit and debit cards, coupons and store loyalty program details virtually.
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