# Bulk-less Virtual Wallets The 'MobilePay' iPhone App Will Replace Your Pocketbook By Amelia Roblin | Published 2010-10-02 | Tech Source: Trend Hunter, https://www.trendhunter.com/trends/mobilepay-iphone-app References: [walyou](http://www.walyou.com/blog/2010/09/30/with-mobilepay-say-bye-to-your-wallet/) & [techcrunch](http://techcrunch.com/2010/09/28/mobilepayusa/) It was really just a matter of time before something like the 'MobilePay' [iPhone](https://www.trendhunter.com/trends/tap-to-pay) app came along. Capable of storing all of your bank card information, this intelligent program allows [wallet-free shopping](https://www.trendhunter.com/trends/paywint) without any new equipment required by the retailer. The 'MobilePay' iPhone app's locating feature automatically keeps track of which store you're in, and by virtually logging you into that shop, you can conveniently use your [credit card information](https://www.trendhunter.com/trends/passcollect) (without the plastic) to make your payment. To reassure any interested parties, MobilePay USA is using cutting-edge security technology to protect your priceless particulars. ## Trend Insights (Trend Hunter) - Score: 3.8/10 - Popularity: 20% | Activity: 86% | Freshness: 8% - Audience gender: 90% men, 10% women - Primary generations: Millennial - Top markets: North America, Asia ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Tech](https://www.trendhunter.com/tech) > [Gadgets](https://www.trendhunter.com/gadgets) ## Key Themes ### Why This Trend Is Growing - **Virtual Payment:** The trend of virtual payment is disrupting traditional payment methods, presenting an opportunity for innovative payment solutions - **Mobile Wallets:** The trend of mobile wallets is disrupting the use of physical wallets, presenting an opportunity for innovative virtual wallet solutions - **Localization Technology:** The trend of location-based technology is disrupting traditional payment methods, presenting an opportunity for innovative payment solutions that leverage localization ### Industries Being Reshaped - **Fintech:** The fintech industry can capitalize on the trend of virtual payment and disruption of traditional payment methods through the development of innovative payment solutions - **Mobile App Development:** The mobile app development industry can capitalize on the trend of mobile wallets and innovative payment solutions by developing user-friendly virtual wallet apps - **Retail:** The retail industry can capitalize on the trend of localization technology and disruption of traditional payment methods by incorporating innovative payment solutions that leverage localization technology ## Related on Trend Hunter - [Digital Commercial Payment Apps](https://www.trendhunter.com/trends/mastercard-3.md) - [Contactless Payment Accepting Tools](https://www.trendhunter.com/trends/tap-to-pay.md) - [All-in-One Digital Wallet Services](https://www.trendhunter.com/trends/google-wallet-app.md) - [Smartphone-Charging Smart Wallets](https://www.trendhunter.com/trends/smartphonecharging-smart-wallets.md) - [All-in-One Digital Wallets](https://www.trendhunter.com/trends/samsung-wallet.md) - [App-Based Employee Payments](https://www.trendhunter.com/trends/instant-financial-1.md) - [Loyalty Card Wallet Apps](https://www.trendhunter.com/trends/fidme.md) - [Fee-Saving Payment Apps](https://www.trendhunter.com/trends/robinpay-app.md) - [Digital Cash Payment Systems](https://www.trendhunter.com/trends/apple-cash.md)