How long do you think it’s going to take to get to all virtual cards? How many years?
It definitely won’t take too long, at this rate I would guess in about 5 to 10 years.
Why?
It won’t be too long because technology is developing so quickly. However, it will still take some time for the virtual cards to become fully mainstream and accepted.
Who will not be on board with this new virtual wallet?
Small businesses, because it will be too much of a hassle to work with virtual wallets when most of the time they will be working with small amounts of money.
What companies are going to be affected negatively? Name 3
Companies that create the materials for money and other related products, such as paper (bills), leather (wallets), and metal (coins) companies. Canadian Bank Note Company, The Winnipeg Mint, Danier.
Who is going to make money from this? Name 3
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