The main types of mobile wallet services are:
- Payments and cards: Card emulation for contactless cards (credit, debit, prepaid), e-payments-based services (remote payments) or peer-to-peer payments with or without a stored value account
- Coupons and loyalty: Coupons, gift cards, loyalty programs or any other commerce-based service for discounts or rewards
- Tickets and transport: Any form of tickets, boarding passes or check-ins for means of transport or for venues or events like cinemas, concerts and so forth
- Access and keys: Any type of access or usage allowance, like keys for cars, buildings, private homes, hotel rooms and so on
- Identity: Any type of personal identification, like passports, driving licenses, employee IDs and so forth
Putting these services into the mobile wallet can provide quite a lot of opportunities for service providers and users.
8 comments:
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Thank you for sharing your views with us. I was actually looking for the latest mobile payment trends and I came across your article. Looking forward to more such posts from you.
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Very informative breakdown of mobile wallet services! With the increasing reliance on digital platforms for financial transactions, it's essential to understand the options available. For anyone managing accounts with major UAE banks like FAB (formerly NBAD), online tools have become incredibly useful. You can easily check balances, transactions, and more using resources like NBAD account inquiry portals. Digital banking really is the future.
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