cell phone payment

A mobile phone with a credit card function is place on a reader to purchase train tickets. (Getty Images)

Hidden Costs In Cell-Phone, Digital-Wallet Payment Services?

While Americans are still using plenty of cash, checks, credit and debit cards to pay their bills, new electronic methods such as paying by cell phone or digital wallets are emerging. But what are there drawbacks?

WWJ Newsradio 950–08/06/2011