The following are some relevant statistics of Ewallets in 2021: The social distancing norms across several countries has influenced the growth of mobile payment even further. ![]() The mobile payment trend was already on boom even before the pandemic. The dream for a cashless society is near to reality. Ewallet Market Trends in 2021Īs a recent report by The Courier stated, the Ewallet market is expected to witness an unprecedented surge over 2021-2031. You can skip to the next section if you want to quickly have a look at the necessary features for your Ewallet. But, first, I’ll give you an overview of the current Ewallet trends in 2021. In this article, we’ll talk about the features that your Ewallet will require at every stage. For example, an Ewallet MVP won’t require advanced features, whereas at the expansion stage of the ewallet service, the Ewallet will have to incorporate the most advanced features to win over the competition. At every stage, the Ewallet requires a specific set of features. ![]() Mainly, there are three stages of an Ewallet lifecycle – MVP, Initial Launch, Services Expansion. Hence, you should have a clear understanding of which features you need to incorporate into your Ewallet app. However, many FinTech app developers will overwhelm you with unnecessary features. Most of the advanced Features For Ewallets In 2022 are powered by these technologies. Modern Ewallet apps are equipped with advanced technologies such as (AI) artificial intelligence, (ML) machine learning, natural language processing, and blockchain.
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