The Rise of the Cashless Payments: Types, Benefits, and Examples from around the world
Cash is not the ‘King’ anymore! The digital advent of payments has entirely changed the scenario and has given rise to cashless payments. The first move towards cashless payment was a credit card in the 90s. In the same decade, the electronic banking…
Impact of FinTech on the banking and financial industry
FinTech solutions have become a norm due to the rise in startups in the past decade. It has revolutionized many financial businesses by making them acquainted with the technology. For banks, fintech brings a customer-centric approach, which can make…
Automated identity verification with DigiPay.Guru’s next-gen eKYC solution
Identity verification faces various challenges like manual processes, onboarding delays, high costs, and security & compliance risks. These challenges need an automated solution to win customers and have a stronghold in the market. The solution is…
Offer unmatched convenience and security with digital wallet software
Convenience + security in digital wallet payments = a perfect combination! If your business can offer both in its digital wallet, your customers will keep coming back to you. And you will attract more and more new customers which will blow your…
Core strategies to build effective digital wallet solution
There will be over $16 trillion in digital wallet payment transactions by 2028! This rise in digital wallet transactions is due to technological advancements and digital transformations happening at lightning speed. Also, the market for digital…
Omnichannel banking: What it is, why it is needed, and how it can be achieved?
Nearly 98% of the banks prioritized customer experience at their organization! Why? The reason is simple! Customer preferences and demands evolve with technological advancements. So, if you do not offer everything that customers need from your bank…
Face verification: Fast and secure identity verification process with eKYC solution
The facial recognition market will reach around $19.3 billion by 2032! This prediction shows the increase in the significance of secure biometric authentications like face verification at a global level. Face verification is utilized in the…
Digital wallet solution vs wallet as a service: Know what’s best for your business
The digital wallet transaction value is expected to grow by 77% by 2028! This rise in digital wallet transactions has led to an increase in the implementation of digital wallets among many businesses like yours. But deciding on which digital wallet…
All you need to know about NFC payments
99% of smartphones will be capable of making contactless payments globally by 2027. It means contactless payments are showing a tremendous increase. And NFC payments among them have gained next-level popularity. Customers love to make payments…