Towards a Cash-Free Industry: Digital Wallet, Voice, Biometrics and the Obsolescence of Cards and Cash

In 2020, the number of digital payments will be in excess of 700 billion.

In some destinations, such as China, digital wallets are already the primary form of payment; the Singapore tourist board has started actively promoting biometric check-ins at hotels, meaning without the need for passports or documents, while, much closer to home, Sweden has declared war on cash – over 5,000 citizens have had a microchip implanted under their skin for daily transactions.

What is the future (or rather, the present) for payments?