I don't like the loss of privacy with phone payments, but otherwise, it might be a good option to have available. With credit cards, I never give out any person

I don't like the loss of privacy with phone payments, but otherwise, it might be a good option to have available. With credit cards, I never give out any personal information, such as my phone number or zip code. With a phone, you don't really know what is leaking out, at least I don't. That being said, I would probably use it in a bind. I like cash when possible. Convenience (other than making sure you have it with you) and privacy are great. Security is a concern, but with most people carrying credit cards it's gotten better. Everyone assumes that no one carries a lot of cash any more, so thieves are less likely to be aware that you are a lucrative target if you look prosperous. If you lose it, you have to physically track it down to get it back, so that's a bad part. I don't like to lose things, so I've never lost any significant amount of cash yet.