Assuming you use credit cards and debit cards over cash.
An E-wallet offers no more control over you than standard debit and credit cards. If this nebulous WEF really wanted to screw you over and had control over these E-wallets what makes you think they wouldn't have control over payment processors or credit card companies? The vast majority of transactions are already digital, all this initiative does really is allow to you handle it via your phone instead of reaching for you wallet.
It might make tracking you more easy, but the technology already exists and is employed to track you. Credit Card companies and payment processors keep track of your transactions and it is trivial for them to trace it to a single individual.
> They cannot sell, offer you services, etc. ...unless you agree to something else, usually hidden in theirs reward program contracts.
The narrative is that the WEF is in kahoots with world leaders, since world leaders attend the WEF. Making this a moot point.
> All that is gone the second you move to using apple et al instead of a card issuing company.
Apple themselves state that they don't keep track of your information. Presumably, whatever authority that prosecutes credit card companies for using your info would also prosecute Apple. From what I found online, Samsung Pay and Google Wallet also refrain from using your transaction info.
An E-wallet offers no more control over you than standard debit and credit cards. If this nebulous WEF really wanted to screw you over and had control over these E-wallets what makes you think they wouldn't have control over payment processors or credit card companies? The vast majority of transactions are already digital, all this initiative does really is allow to you handle it via your phone instead of reaching for you wallet.
It might make tracking you more easy, but the technology already exists and is employed to track you. Credit Card companies and payment processors keep track of your transactions and it is trivial for them to trace it to a single individual.