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…
The faster you release your digital wallet, the higher your chances of getting ahead of your competitors. However, in pursuit of speed, it’s important not to sacrifice quality as users value the functionality and reliability of their apps. They easily delete applications due to software bugs, slow loading times, ineffective user interface, and poor security…
You want to launch an eWallet, but are unsure where to begin? Development from scratch seems to be leading the way, but then ready-to-use solutions step in and steal the show? We get the dilemma — and that’s exactly why the Qulix team has prepared a detailed overview of the two distinct approaches to launching…
As the world witnesses more technological innovation, employees and customers wrestle with more complex challenges. Mobile, fixed, and cable company staff deal with a flood of inquiries from various channels. They must match the right clues to customer requests quickly and empathetically, as their paychecks depend on it. Meanwhile, corporate teams at HQ grapple with…
It’s hard not to draw a direct line between OpenAI and artificial intelligence. The startup’s ground-breaking invention, ChatGPT, is already tightly intertwined with so many areas of human life, even though it’s been around for less than two years. Naturally, OpenAI and GPT, their AI model that’s getting progressively more advanced, make up a thick…
“Copilot. Your everyday AI companion”. Whenever you open Microsoft’s AI Copilot, you expect to interact with a reliable and innovative assistant. But Microsoft isn’t the only player in the game. GitHub Copilot and JetBrains Copilot are also making strides, constantly learning from endless data to grow equally indispensable. What is Copilot AI, and are all…
While marketplaces and online shops spring up like mushrooms, we will hardly shock you by saying that 34% of people resort to digital stores at least once a week to satisfy ongoing customer needs. But the trend grows exponentially. Thus, why not ride the wave of the ecommerce boom and launch a digital sales channel…
Businesses are after AI assistants big time. They enhance productivity, increase customer satisfaction, save money, and improve lots of other things. 83% of firms claim that AI is their top priority, while 9 in 10 companies count on it to ensure a competitive advantage in the market (Exploding Topics). Even though AI comes in many…
Today, digital marketing for enterprises extends far beyond newsletters and landing pages. It’s about crafting a multichannel engagement strategy. The goal remains the same: to bring customers to the place where conversion happens — your website. It’s where you are in charge. You control the composition and wrapping of your products, influencing whether your audience…
Why install an e-wallet on your mobile device if you already have a bank app? The devotees of digital wallets dub convenience, cost-friendliness, and security as the key reasons. Considering this, it becomes clear why the popularity of online wallet payments grows exponentially while pushing fintech startups towards game-changing solutions. If you seek the best…
Picture this: you’re a product manager. Your current task is to diagnose what caused the product to fail last year. Getting the gist of the process is straightforward. Even to those with no product management background. Your mission? To explore the development lifecycle and track progress from MVP to marketing strategies. Then review usage conditions…