As advanced in previous articles, cashless payments will become more popular in the future. A huge
contributing factor is mobile wallets. An increasing
number of consumers is using this settlement
solution, even more so than credit cards. This is partly due to the fact
that customers are trusting their security and convenience. As a matter of
fact, a report from FIS advanced that digital wallets are being used
more often in retail
stores. It is going to reach 10% by 2023.
More
people are using mobile wallets in retail stores
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