How APIs are driving innovation in the fintech and banking industry
Let’s face it. The way financial institutions operate today is fundamentally different from even five years ago. Why? Because APIs have reshaped the rules of engagement. The global API banking market was valued at $3.5 billion in 2023 and is…
How are e-wallet solutions becoming an essential part of the business?
Your users no longer ask, “Do you accept mobile payments?” They expect it. From tap-to-pay at grocery stores to cross-border transfers through eWallet apps, they have become the heartbeat of daily transactions. And if you're in financial services…
What is Cashless Payments System & Solution: Cashless Transactions Advantages
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…
Mobile payment systems explained: Features, benefits, and integration
Mobile payments have become very crucial due to their ease of making payments anytime, anywhere in the world. They have become so much in demand due to two reasons: the rise of mobile usage and internet connectivity. But, there is another very…
What is a white label payment solution & platform: Explained
Every business wants to launch its solution/product in the market as quickly as possible. But, in the fintech space, it was only a dream. With solutions like white-label payment systems and SaaS solutions, it has now become possible to launch even a…
QR code payments: What are they, their types, how they work, benefits, and how to accept them
The QR code was first invented in 1994 by the Japanese automobile, Denso Wave, led by Masahiro Hara. It was invented with the sole purpose of tracking vehicles in the manufacturing process. It wasn’t expected that it could be used outside the…
Guide To Setting Up A Digital Wallet 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…
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 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…
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