Tech Talk: Payment Systems and Digital Wallets

Yes sir.

It's.

It's coming.

You twenty dollars quarter i can use the app in in brought in pay you twenty dollars from my account to your account it's extremely fast extremely simple- so also easy to use and ethnic influenced your bank account so you you first thing you should say yes chris what about security right.

I mean i know that's what you're thinking harder.

In your password although it doesn't multi factor authentication with the value in this and raise with talking about it today is because- of these digital wallets are being used more and more that there's fifty two.

Million benbow users in this country and i'm saying a lot of called soccer moms or people.

At school you know this memos that mom for something that their children but children are using it slip and money back and forth.

So it's big but the big part about it.

Is that it's going to these people are looking at- digital currencies like bitcoin since such.

Yeah the ability to trade baskets coming on board pretty quick paypal was looking to get your currency facebook is looking to digital currency in facebook in twenty nineteen.

So we're gonna have a bit digital currency and in that kind of pull the reins back correct regulation on that.

But did you.

Go digital currencies or are being used quite a bit because those transactions are not traceable- and you know if you use a credit card transaction this country any country is traceable it is traceable.

So this also noticed fintechs financial and technology companies put together.

So we're seeing a massive change from the traditional banking.

All of these- these payment systems it's.

What we call of our digital wallets.

If you were to stop