We often witness that people, for some inexplicable reason, still prefer to pay by check for purchases. Which makes we wonder why? Not that they don't know about modern advancements, or specifically about plastic cards. Not to mention how a significant number of people are abandoning their plastic cards in favor of digital wallets.

Since digital wallets are widely used in smartphones, they have already received the name mobile wallet. Thanks to digital wallets, we are able to make purchases without our physical credit card.

Many well-known tech companies already have mobile wallets, such as Google Pay, Samsung Pay, and Apple Pay.

Increasingly, retail trade is moving more and more to the mobile wallet, thanks to which we, for convenience, can completely abandon the plastic card.

A mobile wallet offers many advantages, both in terms of convenience and in terms of payment options. But unfortunately, there are still places where they still don't apply. In addition, a certain number of people still lack confidence. Many believe that financial information is provided to a third party.

Either way, the physical plastic card will one day become obsolete and be a thing of the past.

By Terra TEAM