January 27, 2013
Microsoft’s Wallet service is available on all devices carrying the Windows Phone 8. However, that does not automatically mean that you can use your Windows Phone device to act as your credit or debit card. The reason for this is not that Windows has crippled their credit card feature on the Wallet, but because we have yet to hear of a mobile credit card reader for the Windows Phone 8. Even Paypal only supports iOS and Android-based devices. Aside from this, not all Windows Phone 8 devices even support NFC (near field transaction), which is what is needed for credit card readers to be able to read the contents of your Wallet.
Despite the limitations of the Wallet, it is still a nifty feature allowing you store not just your credit card and debit card information, but other fun stuff such as loyalty cards, membership cards, and coupons as well. Of course, with the lack of NFC support, this means that you mostly just get to use them for online transactions, but it still does makes online purchases via your HTC 8X more convenient.
Image via Windows Phone Store