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Here mentioned 5 reasons that why we have to choose mobile payment apps. In the near future, we may no longer have to carry cash or cards in our pockets. Mobile payments will end up replacing traditional cash and card payment in 2018. <br>
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Digital wallets allow quick and efficient transactions compared to bank accounts. It can take up to 2–3 days before a card transaction appears on a consumer’s bank account, causing confusion about available balances.
It is also time-saving. Avoid standing in bank and ATM queues to get cash when a few seconds of tapping a wallet app on a mobile phone are enough to make a payment.
Mobile payment companies and wallets provide best cashback offers and discounts. Eg: Cubber offers are going on.
Consumers can add an additional password protection to their e-wallet account. To prevent access, smartphones employ a variety of mobile security measures.
The pace with which mobile payments are gaining popularity can only mean one thing – they are here to stay in 2018 and the coming days. Significant shifts in consumer behavior and the emergence of new technologies can only result in an unprecedented transformation in the payment industry in 2018.
