The impact of mobile payments on financial transactions is profound, as they offer convenience and speed to consumers. Using smartphones or wearable devices, users can make purchases and transfer funds instantly, eliminating the need for cash or physical cards. This technology has facilitated contactless transactions and expanded access to financial services worldwide, particularly in regions with limited banking infrastructure. Additionally, mobile payments enhance security features through encryption and biometric authentication, encouraging user trust. Overall, this trend transforms the way people conduct transactions, promoting a shift toward a cashless society.