How Your Cell Phone Will Replace Your Wallet [Infographic]

Ever thought how it all came to actually “paying for stuff” with a cell phone? Well, this interesting infographic should give you a pretty good idea how things evolved from a time when live stock was used as a currency to the present era when one can simply link a credit card to a smartphone and use it to pay for just about anything from restaurant bills and parking meters to cab fares.

By the way, don’t confuse this process with micropayments that let you buy such things as ringtones, games, and graphics to download to your phone. Check it out below!

( Click HERE For Full Size )