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Data and Insights

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Visa Consulting & Analytics

February 2024

 

1 - 2 Minutes

Digital Wallets: In Pursuit of a Profitable Business Model

Digital wallets are gaining significant popularity globally, playing a pivotal role in the financial ecosystem due to their convenience, security, and user-friendly design.

Building on the momentum of our well-received 2023 paper “10 trends set to shape the payments landscape”, this paper dives head-first into trend #6 - Mobile Wallets are becoming Universal. Applying a CEMEA- specific lens, this paper looks at segmentation, characteristics of successful wallets, possible profitable business models and success factors for implementation.

With real-world examples, we provide an insightful guide and multiple considerations for any player wishing to venture into the world of mobile wallets, giving a balanced view of the digital wallets opportunity and associated risks. Immerse yourself in the transformative potential of digital wallets.

Download VCA's Digital Wallets paper here.

If you'd like an in-depth conversation on digital wallets and the ways we can support your business, please contact your Visa Account Executive, or email VCA@visa.com. Stay current with the latest payments insights from Visa Navigate CEMEA - subscribe today.

All brand names, logos and/or trademarks are the property of their respective owners, are used for identification purposes only, and do not necessarily imply product endorsement or affiliation with Visa.

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