Insurer claims industry first with mobile payment cover

Using O2 mobile phone payment facilities

According to a report in the Independent more UK shoppers are using mobile phones to pay for goods and services - mobile wallet technology - than ever before and a host of retailers are preparing to accept this payment method.

Insurance2go said it would cover losses resulting from payments from stolen phones as mobiles were likely to become even more attractive to thieves.

Managing director, Duncan Spencer, said: "We're responding to a demand from customers who like the idea of being able to

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