Tag: digital wallets

The financial services landscape is experiencing rapid transformations fuelled by customer expectations for speed and convenience. Today's consumers are driving a surge in innovative payment methods, with a myriad of technologies emerging to meet their ever-evolving needs.

A global study by Boku has found that emerging markets in Latin America and Africa and the Middle East are set to see the largest uptake in mobile wallets by 2025.

The European Union has revealed it intends to introduce a new digital wallet that will be available for use across all 27 member states by 2022.

Irish payments company Planet has introduced an integrated digital payments service for multinational companies across Europe.

The total spend via digital wallets will exceed $10trn in 2025, according to new research from Juniper Research.

Smartphone adoption and consumers warming up to it will push the contactless payment markets to be worth $100bn by 2026, according to a new report from Global Market Insights.

Millions of digital wallet users can keep their accounts after the Reserve Bank of India's (RBI) new move.