5 Innovative Ewallet Apps To Look For in 2022

 


Money has been an important aspect of all our lives for more than 3000 years of human history. In this long period, the concept of money has undergone tremendous transformation right from the barter system to the Bitcoin. It’s also true that in the year 2021, digital wallet apps are no longer used to store just money. In fact, they have become a way more than just a simple wallet app.

Top 5 Ewallet Apps 

  1. Amazon Pay

The reach of Amazon has made Amazon Pay one of the most used and widely accepted e-wallets. Amazon Pay integrates into the local wallet payment mechanism and offers payments through cards and bank accounts. By using Amazon Pay, the checkout process on the Amazon store is lightning fast.

  1. Google Pay

The most widely used payments app Google Pay is offered by one of the most dominating names in technology – Google. Its different versions are available for other countries to comply with their regulations. The app is intuitive, well-designed, and loaded with features.


You can use both your credit cards and bank account to top up your wallet balance. It allows easy transfer to and from the bank account. It is available through Google assistant through voice commands, on android based wearable devices, and mobile apps.

  1. PayPal

One of the oldest and only surviving payments platforms from the tech bubble of the 1990s, PayPal is now available as a convenient and easy-to-use app. You can now use PayPal for micropayments, offline and online shopping, and splitting bills with friends.

  1. Apple Pay 

Apple is now offering a wide range of Apple technologies in the payments space – like Apple Card, Apple Cash, and Apple Pay. These services collaborate seamlessly with each other and work smoothly within the App Store. Link your Apple pay account with your bank or debit card and start securely using the app.

  1. Venmo

Venmo is the only central global app that supports SMS-based payments and transfers. The free version limits the weekly transactions, while a verified account can send up to $3,000/week. A focused approach with solid execution makes Venmo a clear contender for the market leader in most markets it is present in.

Conclusion

To conclude, you must understand that mobile wallets are here to stay and will grow stronger with each passing day. Cashless payments are the only criteria that will continue with us even after 50 years. The best features from all the awe-inspiring apps can help us avoid pitfalls.


These apps, for the first time, allow formal channels of payments for the unbanked masses. They offer formal services to the groups and bring them into the fold of the formal economy.


If you are looking for an Ewallet app development company to launch in a new market or with uniquely innovative features, we can help you. Our team of expert analysts, programmers, and designers has delivered multiple phone wallets for many clients.


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