Golden Finance reported that the UK Payment Systems Regulator (PSR) and the Financial Conduct Authority (FCA) announced on July 15 that they are seeking opinions on the benefits and risks of digital wallets for people and businesses. The use of digital wallets has grown rapidly in the past few years, and now more than half of British adults may use digital wallets. With Apple Pay, Google Pay and PayPal becoming the three most widely used digital wallets in the UK today, digital wallets have become an increasingly important touchpoint between large technology companies and British consumers. Therefore, regulators are eager to better understand the impact of the growing popularity of digital wallets on consumers and businesses.