TOKYO (Reuters) - Japanese office worker Satoshi Tada pays for shopping, wins free food and gets store discounts all by waving his cell phone. "I use it pretty much every day," the 25-year-old said.

Mobile payments are steadily displacing physical wallets at the point of sale, reducing dependence on cash and traditional ATM networks, even in historically cash-driven regions. This helps money move ...

Japanese office worker Satoshi Tada pays for shopping, wins free food and gets store discounts all by waving his cell phone. "I use it pretty much every day," the 25-year-old said. "You can charge ...