The 'Spendwallet' Eliminates the Need to Carry Cards
Michael Hemsworth — May 19, 2016 — Tech
References: indiegogo & geeky-gadgets
The need to carry physical cards is becoming a more archaic practice thanks to the advent of digital wallets like the 'Spendwallet.' With services like Apple Pay, Android Pay and Samsung Pay paving the way for cards becoming a thing of the past, the 'Spendwallet' helps make it easier to do without waiting for brands to catch up.
The 'Spendwallet' is currently available for preorder on Indiegogo and allows users to add all of their payment cards to the device. From here, the 'Spendwallet' can then be used as a more effective means of paying.
The 'Spendwallet' digital wallets can be utilized with almost any card given that it has a magnetic stripe. Cards in the wallet can be managed via the accompanying smartphone app.
The 'Spendwallet' is currently available for preorder on Indiegogo and allows users to add all of their payment cards to the device. From here, the 'Spendwallet' can then be used as a more effective means of paying.
The 'Spendwallet' digital wallets can be utilized with almost any card given that it has a magnetic stripe. Cards in the wallet can be managed via the accompanying smartphone app.
Trend Themes
1. Cardless Payments - The rise of digital wallets like the 'Spendwallet' is disrupting the traditional practice of carrying physical payment cards.
2. Mobile Payment Solutions - Services like Apple Pay, Android Pay, and Samsung Pay are revolutionizing the way people make payments on-the-go.
3. Contactless Technology - The 'Spendwallet' utilizes contactless payment technology, reducing the need for physical card swiping.
Industry Implications
1. Financial Technology - The 'Spendwallet' is a prime example of how technology is transforming the way consumers make payments and manage their finances.
2. Mobile App Development - Developing intuitive mobile apps for digital wallets is a growing industry that caters to the increasing demand for seamless payment experiences.
3. Retail - Retailers can benefit from embracing card-less payments as it allows for faster, more convenient transactions for customers.
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