The Mobile Payment system is one of the significant advancements in the retail payment infrastructure. The way it is gaining traction worldwide, no wonder that mobile wallet users are expected to increase to 4.8 Billion in the forthcoming years. Millennials and Gen-Z find it the most convenient payment method, and the businesses that do not support this mode of payment are likely to lose sales. The origin of mobile payment stems from the digital or electronic transfer of funds. Digital wallets enable users to transfer funds between transaction accounts, which…
Read MoreA Brief Overview Of Mobile Payment Systems And Their Types
