Originally published at: http://www.howtogeek.com/163132/from-plastic-to-smartphone-when-will-digital-wallets-take-over/
Whatever happened to the digital wallet? We’ve been hearing that smartphones are on the verge of replacing our credit cards and eliminating our physical wallets for years, but it never seems to happen.
why is there so many ways to do one thing? if and when they do it to one standard, there is going to be a massive headache for us consumers. any other ideas out there?
digital wallets will take over really soon. as I type this new laws are getting introduced to change things. but be wary people, these new laws are not meant to better the people.
Just another way to scam and commit fraud.
It seems to me that we should really listen here to: "If it ain't broke, don't fix it." Really, what is wrong with credit/debit cards? There are few advantages I see here:
- It is easier to manage multiple accounts.
- You don't need to carry around multiple objects.
- Advertising company #1 (Google) watches every single purchase you make (!)
- You put your eggs all in one basket. If your phone dies/battery drained/gets lost/gets stolen/etc... you are up a creek without a paddle.
- I like having one object which just represents money. I think it should be separate from my cell phone (but perhaps that is just my adherence to the unix philosophy showing through.)
I see no convincing reason to switch, and I think that without a severe amount of annoying propaganda and advertising, this is doomed to fail for the time.
I think the author may have overestimated smartphone saturation. There is no one I know irl who has a smartphone, cell phone, yes, but not smartphones.
You don't know a single person with an iPhone or Android phone? That seems unlikely.
Re-read my statement, I said in real life. I know plenty of ppl on the internet how have smartphones. And Honestly irl I don't know who has a smartphone, most of them have cells though but not smartphones. You don't call a $10 pay as you go TracPhone a smartphone.