Subscribe
|
|
|
|
|
|
|

Why Visa doubles down on mobile wallets, and why you should too

organized on 6 December 2022 | 17:30 CET

This webinar hosted by The Paypers focused on the importance of interoperability and inter-connection between banks and mobile wallets all around the world.

The pandemic has had a massive impact on the world of payments, with people turning towards digital payment methods as a safer transaction method rather than using cash to pay for shopping, food deliveries, utility bills, and much more.

Mobile wallets are among the key modes of digital payment that saw a surge in adoption. According to the GSMA Mobile Money State of the Industry Report 2022, the mobile money industry processed over USD1 trillion worth of transactions in 2021, a whopping 31% year-on-year increase compared to 2020.

The unprecedented growth of global mobile wallets is expected to keep accelerating. According to Boku’s 2021 Mobile Wallets Report, more than half of the world’s population is projected to use mobile wallets by 2025.

Watch our webinar were we discussed the impact of Mobile Wallet adoption on Banks' and Financial Institutions' Payments strategy, and how interoperable payment solutions can bridge existing payment rails with the new payment methods.


Agenda

  • Typology of mobile wallets: closed-loop, open-loop and everything in-between
  • Latest technologies and industry trends
  • Consumer and Merchant benefits and key use cases
  • Why Banks and traditional FIs should be focused on this segment
  • How to achieve interoperability between different mobile wallets and conventional payment methods
  • Why Visa partnered with Thunes to connect 1.5 Bn wallets to its ecosystem

 


Keywords: Thunes, Visa, mobile wallet, digital payments, financial institutions
Categories: Payments & Commerce
Companies: Thunes, Visa
Countries: World
This article is part of category
::: more

Thunes

|

Visa

|
Discover all the Company news on Thunes and other articles related to Thunes in The Paypers News, Reports, and insights on the payments and fintech industry: