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Dominance of Mobile Wallets

 Dominance of Mobile Wallets In 2019, mobile wallets overtook credit cards to become the highly adopted payment type globally. Digital wallets offer flexibility to users to store multiple payment methods in one digital home and turn cash into electronic money required for online or in-store purchases. Financial institutions have already started to embrace the digital wallet trend by offering virtual cards to business customers. The virtual cards stored in digital wallets consist of details like 16-digit card number, CVV code, date of expiry and work just like the physical plastic card. Currently only 37% of merchants support mobile payments at the point of sale, but with the rising adoption, merchants are willing to invest in technologies facilitating digital wallets. The virtual wallets can save money due to low processing costs as they limit transaction values and frequency. Artificial Intelligence (AI) is improving the user experience with regards to transactions with ChatBots...

The Rise of Online Payment Gateways

 The cashless payment system is growing exponentially with evolving payment methods, rising e-commerce use, enhanced broadband connectivity, and emergence of new technologies. Can increasing incidences of cyberattacks and spams hamper the growth of online payment market or will it continue to grow at a rapid rate? The global digital payment industry is expected to hit the USD6.6 trillion mark in 2021, registering around a 40% jump in two years. The cashless payment methods are rapidly evolving with ground-breaking innovations such as mobile wallets, peer-to-peer (P2P) mobile payments, real-time payments, and cryptocurrencies. In the growing digital age, many payment technology companies are collaborating with traditional financial institutions to cater to the latest consumer and merchant preferences. Due to enhanced broadband connectivity, increasing mobile commerce, emergence of new technologies such as Virtual Reality , Artificial Intelligence, and rapid digitization, billions ...

Can Someone Be Very

 When it comes to experiencing change, it is often said that self-awareness is essential. The reason for this is that if one is not aware of what is going on for them, how will they be able to change their life? Through being aware of what is taking place both internally and externally, they will be able to move forward. Still, this is a process and not something that one develops and that's the end of it. For Example So, let's assume that someone has the tendency to procrastinate. Through being aware of this, they will be able to take a different approach and then start making progress in one or a number of areas of their life. Or, they could find that they often feel down and depressed. By having this awareness, they will be able to look into the thoughts that they have and how they perceive reality during this time and then change both of these things. The Observer Also, they could take a step back and see that certain 'negative' things continually take place. The...