Smart wallets puts a spin on mobile payments

global phone mobile payments commerce

Smart wallets begin gaining momentum among mobile consumers With mobile payments becoming more popular, the need for smart wallets is increasing. These mobile applications are designed to function as digital counterparts to physical wallets or pocketbooks.  They store personal information, such as the data associated with a debit or credit card. They can also store information provided by retailers, like loyalty cards that offer rewards. Smart wallets are, however, more compact and efficient at keeping track of important information. NXT-ID launches a new smart wallet that aims to change the…

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