The Digital Wallet and the Future of Payments [INFOGRAPHIC]

by Sharna Brockett on November 7, 2011

With the proliferation of broadband networks and mobile devices, the way we pay for things is expected to change dramatically over the next few years. We’ve come from shells and beads to paper money to the ubiquitous credit card over the course of a few thousand years.

So what’s next? Will new payment methods soon replace cash, checks and credit cards? Not right away, but over time people will be able to easily pay or get paid using their smartphone and the web. In this infographic, we explore alternative payments with a focus on the digital wallet and mobile payments. Click the infographic for an enlarged view.

digital wallets

Infographic by Column Five

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