Assess

Wallets have been around for centuries and are one of the most essential and irreplaceable items that people carry with them every day. They hold our cash, credit cards, IDs, and other important documents. With the advent of mobile payment technology, some have argued that wallets may eventually become obsolete. However, there are several reasons why wallets are still irreplaceable. Firstly, wallets are more secure than mobile payment systems. Mobile payment technologies have made it easier and more convenient to make purchases, but they have also increased the risk of cyber-attacks and hacking. Smartphones can be vulnerable to malware and viruses, and if a mobile payment system is hacked, sensitive information like credit card details or bank account numbers can be stolen. In contrast, wallets are physical objects that can be secured through physical means, such as being locked up or kept on your person. They provide a level of security that mobile payment systems cannot match. ...