From Card-Copying Mobile Apps to Mobile Digital Wallets

By: Meghan Young - Feb 5, 2015
This collection of electronic wallets show that consumers are ready to embrace digital currency more readily. Although it might still be some time before bitcoin itself becomes a commonly accepted form of currency, virtual credit cards, payment apps and general electronic wallets are paving the way for an online consumer history that will make the process of purchasing and selling goods and services much more immediate and streamlined.

Since the comfort level of consumers are rising in regards to online shopping, it's only natural that forms of payment options would follow suit. The continual creation of electronic wallets supports that theory. On a more basic level, they also help consolidate individual cards for convenience and efficiency.