Not very long ago, people used to carry their money on their wallet anytime and anywhere. Then came the Credit Card age when people get some relief as they do not have to carry all their money with them. Now comes the latest mobile wallet where your mobile device became your new credit card! No need for a wallet, because it’s much safer and handy. Although this technology isn’t still quite famous, but it’s getting to be one of the biggest addition currently. The Google Wallet software has added new tagline to Mobile Wallet race. Annual Mobile payment transaction has already reached to $240 billion and it expects to be 2x or even 3x within 5 years. Who will care to carry an extra gear while his smartphone can take over wallet? We are today featuring an exclusive infographic demonstrating you how mobile is replacing wallet.
This infographic is presented to you by CAXTONfx