Role of transparency, speed, and security in cross-border payments
The cross border payments market is expected to reach $345.42 Billion by 2033! It means, the demand for cross-border payments will grow and traditional methods will fall short. And traditional method leads to transfer delays, high fees, and security…
Prepaid Cards Vs Digital Wallets: A Perfect Match?
Customer experience is a necessity when you offer digital payment solutions. You improve the experience and both wins. You attract more loyal customers and your business grows exponentially. On that note, digital wallets and prepaid cards are making…
Digital Wallets: Impact and benefits on businesses
Well, that’s a fact! Digital wallets are set to nearly replace traditional payment methods like cash and cards. And the reason for this is also simple - young…
Proven strategies to reduce remittance costs for providers and customers
Sending $200 internationally costs nearly 6.4% - twice the sustainable development goal target of 3%. This stat by the World Bank is enough for you to consider making your international remittance services more affordable. Why? Because that’s what…
The importance of E-KYC in global financial services
That’s true! As with eKYC, customer onboarding, and identity verification have skipped a few decades. It has become fully automated with advanced security and uses advanced technologies to keep your customers safe & satisfied. Be it digital banking…
Cross-border payments for small businesses: Opportunities and challenges
With that being said, the true engines of economic growth (small businesses) can also be the true engines of…
Exploring NFC and QR code payments: The future of E-Wallet transactions
The global ewallet market is expected to reach $590 bn by 2032! With such a rise in the ewallet market, customer demand towards ewallet transactions is increasing. They need the utmost convenience. Hence, the need for varied payment methods like NFC…
How prepaid gift cards can boost retail sales
Everyone loves a gift card! It’s the reward points it offers with every buy or the discounts it offers. These are the incentives that attract every kind of customer. And customers tend to come back quite often at a store (online/offline) that offers…
How eWallets are changing the shopping experience in the retail sector?
The retail & ecommerce sector amounted to 34% of the global mobile wallet market in 2023! This stat shows that eWallet’s scope is for online and offline retail stores! This is because today’s customers are more inclined towards convenience & speed…