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1、2018GlobalPaymentsReportTheDigitalWalletOpportunityAroundtheWorldGlobalexpansionisamajordriverformanyonlinebusinesses,butthatobjectivecanoftenseemsteeporevenunattainablewithouttherighttoolsandexpertise.Inthepast,ifamerchantwantedtoenteranotherinternational
2、market,they’dlikelyhavetoresearchandintegratevariousregionalpaymentmethodsandcurrencies,whichcouldaddcomplexityanddrainresources.Ontopofthat,growthmaynotbesustainablefromoneregiontothenext.Insearchingforamoreagileandscalablestrategy,businessesarelookingtot
3、heintegrationofmoreubiquitouspaymentmethodssuchasdigitalwallets.Digitalwalletsareanincreasinglypopularwayforconsumerstopayforgoodsandservices.Theconceptissimple--userssavetheirpaymentdetailswithadigitalwalletprovideronce,andthencheckingoutonanywebsitethata
4、cceptsthatparticularwalletbecomeseffortlessandsecure.Everymerchantwhointegrateswiththatdigitalwalletautomaticallyreceivesalltheconsumerpaymentdetailstheyneedtoprocesstransactionsquicklyandeffectively.Itmakessensefromaconsumerperspective,too.Theynolongernee
5、dtoentercardnumbersoneverywebsite,andcanpaywithoutworryingaboutthesecurityoftheirdatajustbyenteringtheirloginandpassworddetails.Increasingdemandsontimeandfearoffraudmeanthatconsumersarenaturallymovingtowardpaymentoptionsthatarefast,simple,convenient,andsec
6、ure.Ifyou’reamerchant,digitalwalletscanmakeverygoodbusinesssense.Easy,transparent,andsecurepaymentoptionsareawinforeveryone.Withincreasedmarketplacecompetition,everycompetitiveadvantagematters,andremovinganyfrictionaroundthepaymentprocessisessential.Combi
7、nethiswiththeconstantinnovationanddisruptioninthepaymentsspace,andit’sclearyouneedtouseeveryopportunitytostayaheadofthecurve.That’sespeciallytrueastheworldmovestowardafutureanchoredinmobilecommerce.Moreandmoreusersaremakingpurchasesontheirphonesandothersma
8、rtdevices.Theydon’twanttofiddlearoundwithtinykeyboards,smallscreens,andconfusinginputoptions.Digitalwalletseliminatemanyofthesedrawbacks,whetherit’spurchasingviaawebsiteorthroughusingcontactlessmobiletechnolo
