How long do you think it’s going to take to get to all virtual cards? How many years?

I think it is going to take about 5-10 years to get to all virtual cards.

Why?

The reason I think is because the newer generation people are alot more used to technology such as smartphones and are a lot more lenient upon upgrading. The amount of cash people carry on average has been falling continuously in the past 3 years.
Therefore we can expect to see the average amount of cash people carrying around drop even more,
and maybe even disappear completely.

Who will not be on board with this new virtual wallet?

I think that baby boomers will not be okay with the virtual wallet because of the security and the tradition of using physical cash.

What companies are going to be affected negatively by this? Name 3.

Three types of industries that will be affected negativly are leather industry of making wallets, small traditional businesses because they have to pay extra to upgrade and printing money industry will be totally wiped clear.

Who is going to make money from this? Name 3.

Three industries that are going to make money from this are; mobile banking, retail (faster transactions), smartphones.