The mobile payment market is penetrating the Asia-Pacific region, as these regions are rapidly adapting the electronic payment models. The online payment options have wiped out the necessity to carry cash. Billions of people are getting familiar with online payment methods. The year 2020 is an opportunity for mobile wallets. The days of a completely cashless society are upon us.
“ There will be a time - I don’t know when, I can’t give you a date - when physical money is just going to cease to exist,” said economist Robert Reich
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