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Released: September 09, 2010

Going mobile? Link payments to credit cards for best protection

Source: Connie Prater, CreditCards.com

Consumer advocates have some advice for the growing number of people turning to mobile commerce for faster buying: Slow your roll.Going mobile? Link payments to credit cards for best protection Federal consumer protection laws haven’t kept up with the emerging payment options available today.

Mobile payment systems have exploded, so you no longer have to pull out your wallet make a purchase. If you have the right gadget, you can buy that new pair of jeans or get through the subway turnstile with a wave or a tap. Handheld gaming devices, iPods, iPads, e-book readers, radio frequency and Near Field Communication-enabled devices, chips embedded in smart phones—all can spend your money.

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