MILLENIALS ADOPT ELECTRONIC WALLET TECHNOLOGY IN DROVES

Allied Wallet

INTRODUCTION For years, Allied Wallet has helped clients from all over

the world shop and process payments safely and easily. Thanks to high security standards and widespread acceptance, Allied Wallet is the favorite electronic wallet of more than 150+ million users.

Digital wallets have been on the rise for years. There are now dozens of digital wallet products available for consumers. As the technology becomes more ubiquitous and continues to be adopted by millennials, industry experts are predicting that the technology will be an absolute must in 2017.

ELECTRONIC WALLET TECHNOLOGY Strategists point to young people as the reason

for this shift. Millennials are accustomed to accessing most of the tools they use through their smartphones. They are also accustomed to purchasing goods, transferring money, and managing their finances electronically. Never having owned a checkbook, and wary of easily stolen cash, young people are increasingly demanding encrypted, digital ways to manage their wealth.