Bitcoin Forum

Bitcoin is The Killer App For Mobile Wallets, Not Rewards

Mobile wallets are the hot trend these days, but there is still no killer app for this type of digital innovation. Reward schemes may not be the way to go, as they are far too expensive and may not be worth the effort.

When consumers use a digital wallet, they usually do so out of convenience. Rather than dealing with cash or even plastic cards, customers take out their phone to make contactless payments. While this also requires retailers to upgrade their payment terminals, mobile wallets are becoming more common every year.

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