Do you need a wallet in 2023?

In 2023 and beyond, you may not need to carry cash or physical cards when traveling. As digital wallets are accessible through smartphones and mobile devices, you need several clicks to make online and offline payments. Liked this article?

What digital wallet trends will be on the rise in 2023?

One specific digital wallet trend we expect to keep surging in 2023 is the buy-now-pay-later (BNPL) service. A study reveals that inflation issues are one of the reasons BNPL is getting even more popular. Another related study predicts that the BNPL will result in 300 billion worth of transactions.

Will digital wallets stay with US in 2023?

Digital wallets will stay with us to improve our financial journey in a digitized society. Some of the trends above are a carryover from previous years. However, they may need more enhancement to provide seamless and secure transactions. In 2023 and beyond, you may not need to carry cash or physical cards when traveling.