What is a digital wallet: A setup guide for your business
The digital payment landscape is evolving rapidly. This has increased the demand for digital wallets significantly. The transaction value of digital wallets is expected to reach $17tn in 2029! And this stat proves this. This brings a huge opportunity…
What is merchant payment processing? meaning, how it works, and advantages
Quick, secure and efficient payment processing is not a nice to have; it’s a must have. For banks and fintechs like yours looking to add more services to your portfolio, understanding merchant payment processing is key. And if you’re looking to…
8 key points to consider while selecting an ideal agency banking software
Agency banking is the need of the hour. As a bank or financial institution, you cannot open your physical branch at every location you want to serve; that’s where agency banking software becomes a savior of your business. If you are new to the…
How do Online Payments Function with Digital Wallets?
The world has gone digital, and so have our wallеts. Online payments through digital wallets have becomе thе preferred paymеnt mеthod for millions around thе globе. According to Statista, the transaction value in the digital payments segment is…
Leveraging advanced money transfer software solutions in the global remittance market
The global remittance market is expected to reach $ 913 billion by 2025! This stat by Statista signifies that the world has become a village with the power of technology as people migrate easily to earn and provide better lifestyles to their loved…
Everything you need to know about agency banking
Agency banking was introduced for the first time in 2013 in Bangladesh, with the aim to provide banking services to economically backward and underserved populations, especially those who live in rural locations and very far from banks. Research by…
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…