Are digital wallets the future of payments?
by SMEBOOK (admin) · November 16, 2020
Digital wallets have become quite popular in the urban crowd for personal payments. The digital wallet consumer base is expected to surpass 2.1 billion by 2020 bringing the new wave of digital payment revolution. Most of the physical stores across the world have also adapted to this trend and have enabled NFC terminals and other modes of accepting digital payments. Financial institutions have also reacted positively to the digital payment wave with lucrative incentives to support digital wallet companies.