Experts: Most people will make purchases via phones by 2020
After a newly released survey, many tech experts predict that credit cards and cash will not be used by the year 2020. All payments will be made via mobile device. 65% of people who took the survey think that the mobile wallet is definitely going to happen within a few years. The revolution is definitely under way already. In the survey, 38% say they have used their phones to make a purchase and 46% say they have used their phones to pay for an app. However, 33% still say that there will be no such thing as "all digital, all the time payments." It is also very dangerous to make all your payments via phone. I agree. Your basically keeping all your money on your phone which makes it very easy for hackers to access your bank account or other money related things like that. I would not want an all mobile wallet.
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