Mobile payments replace cash and cards

By 2020, most people will have embraced and fully adopted the use of smart-device swiping for purchases they make, nearly eliminating the need for cash or credit cards. [...] Cash and credit cards will have mostly disappeared from many of the transactions that occur in advanced countries.

Source

Verdict

Not graded yet.

All captured fields

option b

People will not trust the use of near-field communications devices and there will not be major conversion of money to an all-digital-all-the-time format. By 2020, payments through the use of mobile devices will not have gained a lot of traction as a method for transactions. [...] Cash and credit cards will still be the dominant method of carrying out transactions in advanced countries.

target year

2020

subject

mobile payments

share agree

65

share disagree

33

respondents

1021

majority view

agree

question format

tension_pair

confidence

high