Seven banks, including Wells Fargo and Capital One, are launching a competitor to services like Apple Pay and PayPal later this year.
We were promised mobile payments, but seems they're off with the jetpacks somewhere.
Could electronic wallets become as common as cellphones? Paypal and Google sure hope so. But Mastercard has a plan for this future, too.
For many folks the idea of getting rid of your wallet and replacing it with an app on your smartphone seems like a no-brainer. Last fall, AT&T,…