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Published June 07, 2011, 09:32 PM

UND grad helps develop mobile payment system

New technology could eventually replace plastic credit cards
Dwolla Corp. has developed a Web-based payment system allowing consumers to pay for purchases at participating stores using mobile devices. No Grand Forks or Fargo retailers are accepting Dwolla payments yet, but the company’s innovative approach holds the potential to help shape the way consumers shop, pay bills and share money in the future.

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