The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.There’s a saying: What’s old is new againThere’s a saying: What’s old is new again. This is certainly true with fashion, but also seems to be the case with respect to technology. This month, Canada’s three national wireless operators announced a plan to bring mobile commerce to the handset (see article on pages 1 and 2).  It wasn’t that long ago that ecommerce hype was being extended to the mobile world and thus emerged the term m-commerce. While years ago the hype never lived up to its promise, it seems this time around we may be on the verge of the real thing – the cell phone wallet.  The announcement from Bell Mobility, Rogers Wireless Inc. and Telus Mobility on November 8 is just what m-commerce prognosticators have been looking for. The three carriers will work together, via the Wireless Payment Services joint venture, to develop a common method through which all cell phone payments will eventually be completed. Much like the network that allows merchants to accept Visa, MasterCard and American Express credit cards, WPS will create a gateway that will clear all wireless payments from debit, credit and even stored value cards. If experience is any indication, the partnership will prove very successful. After the carriers decided to allow inter-carrier text messaging or SMS in 2001, SMS traffic skyrocketed, helping to boost wireless carriers’ revenue.  This is certainly good news for carriers, which will be able to charge a premium for access to these types of payment applications. But there is the potential for some consumer backlash: if carriers decide to charge too high a service charge, consumers could decide to stick with existing payment methods, thwarting adoption.