MasterCard Offers a Piece of the Mobile Payment Puzzle.

Stacey Higginbotham writes: "While MasterCard has taken care of the logistics of getting your card securely on your cell phone via a consumer-friendly process, no banks are yet issuing such mobile-friendly cards to their customers. Even if they did, wireless carriers aren’t supporting the type of phones necessary to communicate with the PayPass system. So basically, this is a whole lot of nothing. But it makes a great case study to track all the moving pieces in the mobile payments sector..."