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January 31, 2023

New payment options: digital wallets

Why consumers are adopting digital wallets

Explore how the surge in digital wallets offers a chance for businesses to boost growth.

Businesses have a unique opportunity to enhance customer relationships, boost security, and improve overall transaction efficiency by leveraging digital wallet technology. With this shift towards more merchant-friendly payment methods, businesses can elevate customer experiences, foster loyalty, and positively impact their bottom line.

Our exclusive guide provides insights into the evolving landscape of digital payments and the role of digital wallets in facilitating seamless transactions. It explores the growing popularity of digital wallet solutions among consumers and businesses, highlighting their convenience, security, and versatility. The guide delves into various trends and innovations shaping the digital wallet ecosystem, including contactless payments, biometric authentication, and integration with emerging technologies such as blockchain.

29% of consumers are interested in trying a new payment method, and 59% of consumers who tried a new payment method last year chose digital wallets.

By leveraging these insights, businesses can capitalize on the opportunities presented by digital wallets to enhance customer experiences, drive sales, and stay ahead in today's competitive marketplace. Moreover, the guide offers strategic recommendations for businesses looking to adopt and optimize digital wallet solutions as part of their payment strategies.

As digital payments continue to gain traction globally, understanding and embracing digital wallet technologies become essential for businesses seeking to thrive in the digital economy.

Download to learn:

  • How offering account-to-account payments can revolutionize customer convenience and your transaction efficiency
  • Why the shift to digital wallets can significantly boost data security
  • How leveraging modern payment methods builds loyalty and increases profitability

Further insights

Payments designed to accelerate your business

Choose Nuvei for payments that work harder to convert sales and boost your bottom line.

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