And there may be no need to take cards out of wallets or purses either.

CNN: ASIANOW - Asiaweek

It is a bad time for our wallets and purses - but a good time to be launching a new political programme.

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Pretty much anything consumers place in their wallets or purses can now be easily digitized by taking a photo of it using their Smartphone.

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Even those Americans who pay little or no federal income tax feel that the tax collector, through a myriad of other exactions, has too big a hand in their wallets and purses.

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