Detailed text transcripts for TV channel - CNN - 20110123:00:47:00
Payments. via paypal. and communication, when the phone has technology integrated inside of it allowing it to trade information with another device up to four inches away. it is just starting to be rolled out in the u.s., but with this technology, you'll be able to pay for subways, fast food and goods and services by holding your phone near the receiver. whether you want to bump it, beam it or text it, your phone is quickly becoming an alternative to your wallet. in new york, cnn reporting. >> they actually use it a lot in europe. as smartphones get smarter thet get risker. when someone staems...