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Why We Overspend With Digital Wallets?

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What Is Digital Wallet?

● It is also called as electronic wallet● It’s a software that resides on a

buyer's mobile/computer● It holds digital cash, and a digital

certificate with a digital signature, as well as shipping, billing, and payment information for online transactions

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Why It Is used?

● It Slims Your Wallet

● Allows you to make purchases with any of your accounts

● No more recording transactions by hand, saving receipts, or manually entering your expenses and income

● Users can take advantage of their devices, location capabilities and receive digital coupons based on where they’re shopping

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How To Use It?

● Set up an account for free

● Enter your credit card billing information

● Your data gets stored

● When you purchase something and you select your digital wallet for payment, you don’t have to re-enter your credit card number, address or any other necessary information to complete your purchase

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Why People Overspend With Digital Wallets?● When you pay in cash, you can “feel”

the money leaving you. This is not true with Digital Wallet

● It tends to over spend much more than people would if they had used cash instead

● It is the easy way to make safe and fast online payments internationally, with the security standards

● Allows consumers to “smooth” consumption over time

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Why People Overspend With Digital Wallets?

● Eliminates the fuss of cash payments, giving customers more autonomy and freedom to shop their own way

● Lets your customers pay directly from their bank account instantly and conveniently

● Digital Wallets also allow consumers to be more flexible with their cash

● Emergency spending ● Faster Transaction

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… And For Your Business

● The digital-wallet is becoming more widely used

● Placing the Digital Wallet at the hub of your business opens up new opportunities

● Along with offering your customers the options to pay how they want, it increases your ability to receive payments from customers

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… And For Your Business

● Lets you pay customers, partners, freelancers,, affiliates and suppliers worldwide at low cost and with a choice of currencies

● Lets your customers pay directly from their bank account without leaving your website, instantly and conveniently

● Contains treasure troves of data that businesses can use to better serve their customers and increase sales

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Conclusion

● You can connect all your payment options and use them without revealing any financial details with the help of digital wallets

● Digital wallet is essential tool to run your business

● For your customers, the Digital Wallet is the easy to use instant payment option

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Contact Us

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