Mobile wallets are a hot shopping trend, as tech companies have devised a way for you not to need to pull out a credit card. Safety could be a concern.
Your GPS, your music, your camera, and our friends' phone numbers all live on your smartphone these days.
"My card comes up and it's super easy," she said."I don't have to fuss with getting my credit card out, or cash or anything." "Not having to mess with change, not having to carry change around all day, is such a help," Carson said.Nathan Grant with MoneyTips.com says he understands why some people might hesitate to use a mobile wallet.But, Grant says adding a debit or credit card to your mobile wallet actually adds a layer of protection, because a mobile wallet uses an encrypted number to complete the transaction, not your actual credit card number.
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