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What should the digital wallet platform be like in 2025? It should have a flexible, scalable, and compliant architecture. In our new blog article, we’ll talk about three key components of a successful mobile wallet — KYC, escrow, and API. They work as a single system, ensuring identity verification, secure retention of funds, and seamless…
The mobile wallet market continues to grow rapidly, offering users convenient solutions for payments, storing funds, and international transfers. Its value amounted to $47.53 billion in 2024 and is expected to grow to $56.92 billion in 2025 at a CAGR of 19.8%. The industry is projected to grow at an average of 20% per year…
To say that the minimum viable product is crucial for a business’s success would be an understatement. As Eric Ries — the man who gave the MVP both its popularity and an in-depth explanation in The Lean Startup — wrote, the MVP is “the version of a new product which allows a team to collect…
Willing to join the digital wallet market, but unsure, how to get started? That’s a very understandable riddle, considering that to obtain a product, you need to find the perfect tech vendor, and tech vendors are everywhere. How do you prepare for the collaboration? What should you pay special attention to when evaluating candidates? We’ve…
E-wallets have become an integral part of digital life. Five million people use them to pay for goods, transfer money, store bonuses, and even manage loyalty programs. With the rapid growth in popularity of such solutions, more and more companies are considering creating their own digital wallet applications. But how much will it cost in…