ewallets

Electronic wallets have now moved from being a helpful accessory to becoming an essential part of modern life. It seems archaic to think of a time before you could pay for goods and services on an app, or simply swipe your phone across a point of sale in a store. But now that these gateways have reached a high level of safety and usability, do they have anything left to give? 2023 will see some small changes that could have a huge impact. Below, we look ahead at the global e-wallets landscape for 2023.  PayPal Any…

Avoiding online payment fraud while using UPI apps or e-wallets is becoming increasingly difficult with the growing volume of online transaction in India. Total number of transactions made through the Unified Payments Interface (UPI) in February 2021 was 2.29 billion, according to data provided by the National Payments Corporation of India (NPCI). And as more people make payments using UPI apps and e-wallets in the country, the incidences of online fraud grow. Scammers continue to find new ways to steal the hard-earned…