Published on November 29, 2006

The day may be coming when cell phones will replace credit cards, cash and checks

It's a scene repeated hundreds of times a day at grocery stores: A woman steps up to the checkout line, sets down her cell phone and digs through her purse for her debit card.

Bypass the checkout line and debit purchases automatically

That will all change in the future. She won't set down her cell phone -- she'll "swipe"' it over a reader that will instantly debit her bank account. Or maybe she'll text-message her payment.

Then again, perhaps she'll bypass the checkout line and push her cart past a device at the door that will detect special chips on each item and debit her purchases automatically.

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