What Is a Digital Wallet and How Does It Work?

Digital wallets have been around in some form for years, but recently, the technology has grown to become a major part of the way we make transactions across the world. If you’re interested in why you might want to adopt a digital wallet, read more. What Is a Digital Wallet? A digital wallet, sometimes called […]

OnePlus Goes After Digital Payments With OnePlus Pay Mobile Wallet Service

Chinese smartphone maker OnePlus is ready to foray into digital payments landscape, along the lines of Samsung, Google and Apple. The company during the launch of its latest smartphone and smart TV said that it will also launch OnePlus Pay, a digital payments service. Szymon Kopeć, the head of the Software Product Growth division at OnePlus said, “There’s […]

Top 5 trending mobile wallets in India

Mobile wallets are one of the best innovations in the field of technology. Millions of people are making payments from these e-wallets, which are easy to use New Delhi: Gone are the days when people used to carry cash in order to shop. Now mobile wallets (m-wallets), or virtual wallets, have become quite popular. With these […]

Best Mobile Wallets in India 2019

There are many mobile wallets exist in India, but only a few mobile wallets are the choices of Indian citizens. Following are the lists of best mobile wallets in India 2019: Paytm: Paytm is a mobile wallet, founded in 2010 is the best and most popular mobile wallets in India. Paytm is used to do […]

Number of Mobile Wallet users in India

After some revolutionary steps like demonetization taken by Government of India, the mobile wallet is now a reality in India. As we all know, the use of smartphones is increasing exponentially in India, and this increase is directly helping the mobile wallets system to get some great existence. According to eMarketer, India has 337 million […]

2019: Year Of Mobile Wallets In India

The trend of Mobile Wallets & Payment Gateways in most parts of the world has increased a lot, especially in India. Alone in India, we have seen that the trend of Mobile Wallets and Payments Gateways has grown exponentially in the last two years. From Petrol Stations to Online shopping, the mobile wallet is now […]

How wallet companies prevent fraudulent mobile transactions

Paytm is experimenting with facial recognition technology to secure mobile transactions. MobiKwik has introduced card checks and device ID checks. Oxigen Wallet has launched mobile virtual cards powered by Visa for users without debit or credit cards to transact securely on ecommerce sites. These companies are all in the fastgrowing digital wallet space and are […]

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 […]

E-wallets scene in Europe

2015 appears to be the peak-year for European e-wallets, with 9 launches. The graph has since gradually reduced, with 5 new e-wallets launched in 2016, and 5 other e-wallets in 2017. According to the World Payments Report 2017, mobile wallet transactions are expected to grow at a compound annual growth rate (CAGR) of 61.8% during 2016 […]