Chasing the digital wallet

The mobile payments sector will be a boon for retailers, banks and tech firms but customers still need to be convinced of its merits.

Banks, financial institutions and now internet service providers such as Google are falling over each other to gain a share of your wallet – your digital wallet to be precise.

Of course, not all of us have a digital wallet, whether in the form of a smartphone app or a bit of plastic with an embedded smart chip.

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