Technology: The Pros And Cons Of Mobile Wallets

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We are currently living in the modern world, where technology has obviously taken over everyone. Almost every single person in this world has more than five electronic devices in their houses, and most people own a mobile phone. These are hand-held electronic devices that are used to be able to communicate to other people no matter how far they may be. However, it does more than that, because you can now use it as a wallet. Yes, for the benefit of the doubt, smartphones now have a feature wherein you could connect to your bank and access your money so that you would be able to use it to buy something online or at stores who accepts mobile wallet. But then again, just like everything else in this world, no man-made object is perfect, so that would mean that these mobile wallets of course have advantages and disadvantages, and here are a couple of them. “Before you become too entranced with gorgeous and mesmerizing video displays, let me remind you that information is not knowledge, knowledge is not wisdom, and wisdoms is not foresight. Each grows out of the other, and we need them all.” Arthur C. Clarke PROS • Secured and Private One of the benefits of having mobile wallet is that it is very secured. Most mobile wallets has a passcode or Touch ID feature that wouldn’t allow anybody to use it without your permission. So that would mean that if ever you lose your phone, you wouldn’t lose all you money since it is secured. You could also contact your bank or phone

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