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The Boston Globe

Business

Not paying by smartphone? You soon will, many bet

Even though most consumers don’t use their smartphones to pay for anything, some of the world’s largest financial­ institutions and dozens of small tech start-ups are making big bets on the adoption of the so-called mobile wallet.

Many of them gathered Wednesday at Harvard University to hash out the future of buying and selling via smartphones and other Internet-connected gadgets during a two-day forum that includes MasterCard, PayPal, and the Boston mobile payments start-up Scvngr Inc. Even a former vice president showed up: Al Gore, whose new book, “The Future: Six Drivers of Global Change,” deals with the worldwide impact of technological innovations.

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