Digital wallets are a virtual and portable form of banks in our pockets that go hand in hand without the need to have real wallets to accomplish every single transaction. These P2P payments are cashless, secure, much more powerful, and instant than normal cash transactions. There is no transaction limit whatsoever as long as the bank account has money. NFC wallets are the main interface for using crypto-currencies and can be integrated with all major payment platforms like PayPal, Alipay and more. Know more about the features, business model, and cost and tech stack of digital wallet apps in the illustration.
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