More people are paying with their phones. Here's what the shift to digital money means.

Originally reported as: “Digital wallet adoption surges as cashless transactions gain ground”

Digital payments, like tapping a phone or scanning a QR code to pay, are spreading fast as more people use mobile wallets and apps instead of cash. This fintech trend makes paying quicker and can bring banking-style services to people who never had a traditional account. It also changes how money moves through the economy and raises fresh questions about fees, security, and privacy. Understanding the basics helps you use these tools to your advantage while avoiding some common pitfalls.