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It was stated that Mobile wallets could potentially use random payment codes that cannot be used again and often rely on certain security features, including biometrics, to authorize a payment.
In addition,By using a card token instead of the actual card number, a digital wallet solution like Google Pay encrypts and secures stored customer information in transit and at rest. Check Disclaimer on my profile and Landing Page.
I have also read that digital payments could potentially reduce the costs of providing poor people with financial service
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Seems like these other companies might allow users to borrow cash using their crypto-currency as collateral
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Seems like this could be useful and easy way to access..
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Reportedly, around two in five of these underbanked households already use mobile banking to access their accounts.
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This app seem to aim for those who were underbanked and people who have banking problems.
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It was stated that the crypto transfer gateway and digital wallet could potentially offer cryptocurrency services.
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