"It used to weigh me down, says Alosh K Jose, from Newcastle upon Tyne, adding that he now rarely uses a physical wallet. It became an additional, needless thing to carry in my pockets. Jose says the move to online and contactless payments after the Covid pandemic means it is unnecessary to carry a wallet. All my bank cards are on my phone, said the 31-year-old, who runs a company delivering cricket sessions in the local community."
"My fiancee and I were travelling from Barcelona to Madrid and had to wait five hours on the train before we got off. We only had 10 [8.70] in cash but some people gave us a bit of money so we could get on a bus, he says. If the same were to happen in Newcastle, even without physical cash there's no language barrier so I think it'd be fine."
"Roger, who still uses a physical wallet, says he feels vulnerable taking his phone out of his pocket. Photograph: Roger/Guardian Community In Buckinghamshire, Roger, a retired IT worker, still carries both a wallet and a separate coin purse. Putting my cards on my smartphone would mean having all my eggs in one basket and becomes a single point of failure, he says."
Fewer than half of British adults now carry a physical wallet, with many storing payment cards on phones or smartwatches. Digital wallet services such as Apple Pay and Google Pay are the default payment method among generation Z and millennials, while many people over the age of 44 continue to rely on physical debit and credit cards. Examples include Alosh K Jose, who rarely uses a physical wallet and keeps all bank cards on his phone following broader adoption of contactless payments after Covid, and Roger, a retired IT worker who still carries a wallet and coin purse and worries about a single point of failure if cards were only on a smartphone.
Read at www.theguardian.com
Unable to calculate read time
Collection
[
|
...
]