Alternative to Banks: 5 Mobile Wallets for Developing Countries
Mobile wallets help to convert cash into digital money without depending on banks
Mobile wallets help to convert cash into digital money without depending on banks
The thing that lets you pay with your smartphone at the store checkout without ever fumbling with your bank cards or cash banknotes is called a digital wallet. We might use it every other day, but never stop to figure out how exactly it functions. This article aims to explain the main types of digital […]
The global payments landscape continues to evolve rapidly, with new launches and updates from Xero, Checkout.com, Paysend and more highlighting a clear shift toward merchant empowerment, regional sovereignty, and cross-border infrastructure upgrades.
While biometric authentication is now a common part of the payment process, confirming transactions with a palm screen is still a novelty. Though this experimental payment tech has been around for several years now, most people know little about it, not to mention using it in real life. So, what are those mysterious palm payments […]
Did you know which payment method outpaces cash and cards in brick-and-mortar purchases and is 165% more likely to be used than any other online shopping means? Does Apple Pay or Google Wallet ring a bell? Digital wallet adoption statistics 2025 have a lot to say about the global state of digital payments and the […]
“Faster, higher, stronger – together” is not just a new Olympic motto, but an enhanced operation model scenario for payment gateway providers that deliver faster payment processing, higher conversion rates, and stronger financial performance, all united into a single orchestration-driven ecosystem.
Digital wallets are omnipresent today. You’re probably wondering what drives their annual double-digit growth. Well, they’re convenient, secure, and simple to use. Yet, that’s not all the reasons. Social commerce stands out among numerous other factors, catalysing digital wallet adoption in a discrete yet powerful way.
From now on, Weixin Pay, a version of WeChat Pay, is available not only for online payments powered by Stripe but also for in-person shopping via Stripe Terminal in 20 countries.
PayPal’s money transfer service, Xoom, will enable Weixin Pay users to receive money directly into their Weixin Pay Wallet Balance or linked bank accounts through the partnership with Tenpay Global.
The 107% growth of the BNPL (Buy Now, Pay Later) users is expected to be fueled by the increasing efforts of superapps and banks to develop their own flexible loan offerings.
Payments get easier every day. As we dive into the exciting world of payment innovations, we will focus our attention on the ever-evolving landscape of contactless payments. One bright example of innovative biometric payments is the Palm Payments system currently tested by WeChat in China.
China’s major social networking and payment app WeChat has followed Alipay in adding support for payments using the digital yuan – the country’s central bank digital currency (CBDC)
A new study revealed that the volume of digital domestic money transfer transactions will exceed 300 billion globally in 2026
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