It is the era of Cashless payment today. We hardly find people carrying cold hard cash. Even if they carry, it could be just a few hundreds and not more than that, for nobody wants their wallet thick and heavy anymore. Plus, it is secure to make a purchase with payment cards or through mobile payment system and track them too online. It is the time to swap the system with your smartphone now.
The mobile wallets (otherwise called as the digital wallets or the virtual wallets) or the mobile applications which enable financial transactions are already in the hands of Generation Z and millennials.
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