Imagine a world where you could leave home without a wallet – and still spend money. You would be able to go shopping, catch a movie or grab something to eat; but fumbling for your credit card or paper money would be a distant memory.
Mobile technology already exists to allow payments direct from a digital wallet, but the wallet-free lifestyle has still to be realised.
But PayPal, the internet payment service tied into internet auction giant eBay, thinks shopping without a wallet is nearer than people might think. BBC Future spoke to Paypal’s vice-president of global products, Hill Ferguson about the company’s plan to make money digital.