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The digital wallet technology will be introduced this fall, and Visa expects customers to start using it in online spaces such as gaming, where small quantities of virtual currency can be purchased via digital transactions. Visa also envisions a future wherein a consumer might set his preferences so that all travel tickets purchased online would go straight to a credit card, while smaller retail purchases would be set to charge to the debit card.

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“There is a population that is just not comfortable with it. My grandma wouldn’t want to use it, but replica Purse my son cant wait to ditch his wallet,” she said. “This is a multiple decades journey. It’s an evolution rather than a revolution.”.