digital-wallets
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TechnologyDigital Wallets: Shaping the Future of Consumer Spending Habits
FinanceCard payments no longer the default choice for consumers – local payments are the new hero
FinanceXsolla Debuts Xsolla Wallet, Empowering Developers And Creators With Access To Embedded Finance Solutions And Instant Earnings
Are virtual wallets the future of payments?
Date: August 24, 2023
Are virtual wallets the future of payments? Tareq Shaheen, PDM Director, Payment Solutions at Eastnets With the ‘wallet wars’ being waged over recent months, there has been much talk of virtual wallets becoming a vital part of the payments system. Whether a digital wallet (which links to a payment card) or an eWallet (which uses...
Business Adoption of Emerging Electronic Payment Tools is on the Rise, Aite-Novarica/BNY Mellon Report Shows
Date: October 27, 2022
NEW YORK, October 6, 2022 — BNY Mellon, in collaboration with Aite-Novarica Group, today released a study examining commercial payment trends, finding that businesses are embracing a range of emerging digital tools such as real-time payments (RTP) and digital wallets. The report also found significant regional differences in channel usage. The adoption of instant payments...
Shift in Consumer’s Spending Habits – What Does It Mean for Banks?
Date: October 12, 2022
By Santa Kiršbauma, Board Member, Product Offering at DECTA Over the past few years, technology giants Apple, Google, and Amazon have attracted hundreds of millions of users to their digital wallet apps. Contactless payment solutions and innovations in e-commerce are changing the way consumers and retailers interact. Physical payment cards are quickly becoming an inconvenience...
Consumer payment trends: Why Chile offers a golden opportunity for financial growth, inclusion and innovation
Date: August 1, 2022
Chile is ahead of the global trend when it comes to financial inclusion with debit card payments higher than ever. The rise of eCommerce appears to have propelled alternative payment methods into the spotlight creating an abundance of opportunities for merchants. Gustavo Ruiz Moya, CEO eCash, Latin America & Global Head of Open Banking Chile...
How technology is overcoming barriers to using project bank accounts and de-risking construction industry project payments
Date: July 13, 2022
By Louise Stewart, CEO of ProjectPay On a global level, the construction industry is one of the largest sectors, and engages a very high number of small businesses. The sector is increasing under pressure, already suffering from abnormally high rates of business insolvencies, post covid inflation pressures alongside public spending surges on construction projects means...
Paying in Latin America: where digital growth meets alternative payment methods
Date: July 1, 2022
With eCommerce’s hypergrowth and record smartphone adoption, Latin America is the next stop for merchants which successfully meet customer payment preferences. Paysafe’s latest Lost in Transaction survey offers insights on how Latin Americans pay. Gustavo Ruiz Moya, CEO of eCash for Latin America and Global Head of Open Banking, Paysafe In April 2022, Paysafe deep-dived...