Although pundits debate trading the cowhide wallet for the phone, the 2011 consumer has already more than one wallet. Every time we store a credit card on a Web site, we are creating a new wallet and a new check-out relationship.

With the launch of Amazon’s new Android tablet, will the retailer’s signature one-click checkout meet portable desire and allow for an optimal commerce experience for the impulse shopper on the go?

Google is releasing the first version of its Google Wallet app to Sprint Nexus S 4G phones and offering a $10 free bonus to users who sign up before the end of the year.

Chicago merchants Swirlz Cupcakes, Green Genees and Lincoln Park Massage are among the local business letting customers receive offers and redeem rewards via a mobile wallet application.

American Express and Sprint have teamed up to offer a mobile wallet application that was designed to change the way consumers interact and exchange money.

In Dave Talach’s blog post, he slams industry scare tactics around new mobile wallets. There is hype and it is understandable that NFC security nay-sayers unsettle Dave’s stomach.

With Amazon.com already a major player in mobile commerce via its mobile Web site and applications, the company is now rumored to be setting its sights on the increasingly competitive near field communication arena.

With Google, MasterCard and Citi reportedly teaming up to go head-to-head with the U.S. carriers’ Isis joint venture with Discover Card and Barclaycard, a war in the near field communication space is on the horizon.

Mobile payments will approach $1 trillion by 2015 in the United States if retailers receive lower payment-processing fees based on a more efficient system, according to The Luciano Group.

While it will not quite achieve mass-market adoption in 2011, this year the various ecosystem players will take major steps forward to realize the vision of a mobile wallet compatible with handsets of all types.