Soon Your smartphone will completely replace the need of Debit and Credit Cards

Your own smartphone will completely replace the need of credit and debit cards soon.
Recently Several major U.S Banks confirmed that they will be introducing contact less
ATMs later this year.

Although the Contact less ATMs are already available in lot of countries. But this will be first for U.S markets and likely to hit Canada and U.K soon.

The mobile payment methods like Apple Pay and Android Pay is getting popular day by day, with lots of retailers and fast food chains offering the service for their customers. The contact less ATMs p is the big Win for the idea of mobile payments. And probably in next few years you won't be carrying any kind of plastic cards with you.



Source: Android Authority