Mobile payments are often viewed as a replacement for cash and cards. Why carry layers of bills and plastic in your wallet when you can simply make purchases with your phone? But without universal acceptance, the reality is that there are places where swiping your phone isn't an option. Sometimes even a card won't do. You need cash. And what do you need to get cash from the ATM? A card. Great.
For Bank of America customers, that situation is about to change.Read More