The rise of cashless
payments in our society has been very quick. Solutions such as mobile wallets
are increasingly being adopted by consumers who expect merchants to offer these
innovative settlement facilities. Why
is this happening? First of all, clients wish to conduct transactions faster
and more efficiently. They do not like wasting time while shopping online.
Other important factors are cybersecurity and data
protection. Merchants, customers and fintech firms alike are placing
a lot of consideration on introducing secure payment services.
Consumers
expect to use safe services
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