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[Off-Topic] [Debate] Do You Think Mobile Payment Will Replace Wallet?

2016-11-22 21:38:34
13617 487

Dear MI-FAns,
Nowadays he mobile payment market is very nascent but growing very quickly,According to Apple, Pay app developers are seeing a more-than-double increase in checkout rates. Recent data found that while mobile wallet users still aren’t a majority, they have doubled since 2013. Cash and checks are already fading out. PayPal revealed in a recent survey that a third of millennials use PayPal and that the digital “peer-to-peer” methods have replaced checks as the second most popular way to pay back others. With the increasing number of NFC-enabled devices, many people are paying for things with their phones instead of swiping a credit card or paying cash.
It seems like mobile payments are picking up across all Android phones (except those without NFC). More stores are bound to adopt the standard, allowing your device to replace your wallet. Moreover, Android’s offering seems very solid as well (unless you are rooted). But while mobile payments are nice, they are unnecessary. Will they replace your wallet?

Will Mobile payment replace wallet?
share your views !!
End Time: 1969-12-31 07:00:00
For 110
Yes!I think mobile payment will be the mainstream
Against 30
Maybe not, for currently some retailers and vendors don't accept mobile pay options at all


Number of participants 4 Experience +24 Pack Reason

View Rating Log

2016-11-22 21:38:34
Favorites45 RateRate

Master Bunny

syedosman | from app


not 100% ...
2016-11-22 21:44:01

Master Bunny

Rohit Bindal | from mobile


Mobile payment will definitely be the main stream in 3-5 years if not soon
2016-11-22 21:48:42

Rookie Bunny

1638193759 | from Redmi 3S


Yes It is the future
2016-11-22 21:51:38

Semi Pro Bunny

Raoajay | from Redmi Note 3


payment through mobile is convenient but currency is forever.
2016-11-22 21:54:50
I think cashless systems will be favored more as we have more accountability in online transactions and there is no worry about managing cash.
2016-11-22 21:59:45
Mi Community India

Master Bunny

BeingBishal | from MI MAX


Yeah ofcourse but not soon, it'll take time :)
2016-11-22 22:00:06

Master Bunny

SIVARAMAN N | from Redmi Note 3


mobile payments options going to main stream
2016-11-22 22:05:51
I will most probably prefer to mobile payment.
2016-11-22 22:13:27


Pro Bunny

Saravanan Asimo | from app


yes obviously
2016-11-22 22:20:53

Advanced Bunny

Amritpal_Aulakh | from Redmi 3S


no its not possible
2016-11-22 22:23:41
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