Card companies are betting that if they stimulate consumer demand for mobile payments, it will spur the phone networks and manufacturers to move faster on improving the technology.

First Data Corp. plans to begin selling its mobile payments "Go-Tags" on racks at a handful of retail chains around the country this summer to drum up consumer interest.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.