As part of its Uncarrier repositioning, T-Mobile is launching into the banking business with a pre-paid debit card and banking app. But if people aren't willing to trust banks with their cash, why should they trust a telecoms provider?

Despite having one of the highest poverty levels in the world, sub-Saharan Africa is the world leader in mobile financing. Mobile money transferring services are available in 36 of 47 countries in Africa, with more active accounts than anywhere else in the world.

With 55,000 retail outlets having NFC technology at their disposal, over half of new smartphones will support NFC by 2014. We spoke with a group of people about their attitudes towards mobile payments and their concerns over security.

While China’s e-commerce sector is one of the largest in the world, The People’s Bank of China has restricted its growth by banning epayments via QR codes and online ‘virtual’ credit cards. The ruling will hit Tencent’s WeChat and Alibaba’s Alipay the hardest.