Paytm, Amazon Pay And PhonePe Wallet Will Work as Usual, till February 2020

There is some relief for users who rely on mobile wallet apps to make payments. The Know Your Customer (KYC) compliance deadline for mobile wallets has been extended till the end of February next year, by the Reserve Bank of India (RBI). This means mobile wallet companies including Paytm, Amazon Pay, Airtel Payments Bank and […]

United States has 110 million mobile wallet users

The United States is home to one of the very first digital wallet: Paypal. The company was founded in 1998 and is now a major player in digital finance. But their inability or reluctance to reduce fees has encouraged a host of new and cheaper mobile wallets: Venmo — Free P2P payments, owned by paypal Google […]

Digital Payment systems Market in India

Indian payments industry is to a great extent commanded with money based exchanges. The financial business in the nation was significantly branch-based till 2014. Afterward, there was an impressive development in the branch-less channels of banking, which has additionally investigated into digital payments in both rustic and urban areas. Indian digital payments industry is required […]

Mobile wallet trends-2019

Mobile wallets expel many torment focuses from the ordinary exchange process. Housing both payment related certifications, (for example, Mastercard and financial balance subtleties) just as non-installment related data, (for example, loyalty cards or ticket data), portable wallets give a straightforward method to oversee payments, track exchanges, partake in loyalty programs, and above all, supplant the […]

Trending digital payment methods

Mobile In-Store Payments & Apps The improvement and utilization of portable POS alternatives will increment exponentially as the interest and use of cell phones develops. A couple of certainties about smart phone use: Almost 90 percent of twenty to thirty year olds today claim and are in close contact with their cell phones for the […]

Key points to keep in mind while developing mobile wallet app solutions

Function prioritizing A mobile wallet application is essentially a set of different functions and highlights. You should be cautious while integrating these functions and features, as they’ll be eventually making your digital payment app booming. Do an exhaustive statistical surveying, learn client desires, requests, and the market slant winning. According to these, prioritize the functions […]

Importance of cashless society

A cashless society is a monetary state where budgetary exchanges are not directed with money or physical cash. In less demanding words, we can state that a cashless society is where no banknotes and coins are utilized for a budgetary or monetary exchange or buy. The exchanges and buy are somewhat done carefully between the […]