This story was originally published on HackerNoon at:
https://hackernoon.com/the-impact-of-mobile-payments-on-spending-behaviors.
Explore how mobile payments are changing spending behaviors with insights into convenience, impulse buying, and financial management.
Check more stories related to finance at:
https://hackernoon.com/c/finance.
You can also check exclusive content about
#finance,
#mobile-payment,
#mobile-payment-apps,
#spending-behavior,
#digital-transactions-effects,
#am-i-overspending,
#the-impact-of-mobile-payments,
#risks-of-mobile-payment, and more.
This story was written by:
@devinpartida. Learn more about this writer by checking
@devinpartida's about page,
and for more stories, please visit
hackernoon.com.
Mobile payment apps influence your spending habits on a psychological level. When buying something becomes easier, you’re less likely to give the purchase a second thought. Using a device like a phone or smartwatch increases your odds of buying something. In time, they could all but replace credit and debit cards.