Mobile wallet transactions are estimated to grow by a staggering 50% this year

In this day and age, we are getting more and more accustomed to using technology for almost everything in our daily lives. Now, the ongoing pandemic froze the entire world for quite some time, and people are starting to rely on mobile wallet payments more than they ever did.

According to , the mobile wallet-made payments are estimated to grow by almost 50% for 2020, mainly because of the COVID-19 situation. In comparison to last year, the global mobile wallet transactions have risen by 38.7% in 2020. This option of executing payment, both in-stores and online, proves to be quite convenient ...

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