Plastic Cards Needless in Mobile Wallet Age

[Trend Insight]
Plastic Cards Needless in Mobile Wallet Age
Cash or credit? There is one more option to pay in Korea ? digital. In the world's most wired nation, plastic cards are no longer necessary for payment. Electronic credit cards instead in traditional plastic form can be ready in 24 hours after application and authorization made all on a smartphone. The industry expects to save $1.1 billion in plastic card production. Will digital wallet replace plastic cards?