The Best E- Wallets in the World
So, Grameds, after knowing the best types of digital wallets in the country, what about digital wallets globally? Let's review the rankings below.
1. Amazon Pay
Amazon Pay is becoming one of the most widely accepted and widely used e-wallets thanks to Amazon's reach. It integrates into local wallet payment mechanisms and provides a card and bank account paying experience. The payment process at Amazon stores is also very fast with Amazon Pay.
Super
·
Amazon Account feature
lets you shop on thousands of partner sites
·
Fast payments via apps, websites and Alexa.
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Complete protection for
eligible purchases.
·
Available as a mobile,
web, or Alexa digital wallet.
·
Payments can be
scheduled and recurring, as well as bill splits.
2. Google Pay
One of the most dominating names in technology, including in the making of this article: Google, is the one that offers the most widely used Google Pay payment application. In order to comply with the regulations, there are even different versions available in certain countries. Well designed, this app is intuitive and loaded with features.
Grameds can use bank accounts and credit cards
to add to the balance of this one digital wallet, which also allows easy
transfers to and from bank accounts. Google Pay is also available via Google
Assistant and voice commands on Android-based devices and the
Feature
·
Quick Pay
·
Compatible with PayPal.
·
Got multiple layers of
security.
·
Fast payments on Google
Play Store and in-app.
·
Support voice based
transaction, QR Code and Mobile number.
·
Automatic bill payment
and reminders.
·
No fee.
·
Easy API integration for
developers.
·
Offers unmitigated
cashback and prizes.
·
Supported by all major
mobile platforms.
3. PayPal
One of the oldest payment platforms and the only
one to survive the tech bubble of the 1990s, PayPal is now available as a
convenient and easy-to-use app. We can now use PayPal for micropayments,
offline and online shopping, and splitting bills with friends.
Features
·
Oldest and most reliable
platform.
·
Very safe.
·
Fast checkout process.
·
Great information
management.
·
There is no fee to use
the application.
·
Accepted worldwide.
4. Apple Pay
Now, Apple offers various technologies in the
scope of payments, such as Apple Cash, Apple Card, to Apple Pay. Seamlessly,
these services collaborate with each other and work together seamlessly within
the App Store. By linking Apple Pay to a debit or bank card, we can safely
start using the app.
·
The Security feature is
better than most places for securing devices and transactions.
·
Real-time monitoring and
fraud detection.
·
Can file a claim for
unauthorized transactions within 90 days.
·
Dedicated support team.
·
Works with most banks
and cards.
·
Intuitive UI/UX.
·
Compatible models higher
than 5s.
·
No support for online
shopping checkout.
·
P2P transfers are
limited to Apple users only.
5. Venmo
Venmo is the only central global app that
supports SMS-based payments and transfers. The free
version limits weekly transactions, while
verified accounts can send up to USD 3,000/week. A focused approach with solid
execution makes Venmo a clear contender for the market leader in most of the
markets where it has a presence.
Features
·
Anetwork of people you can trust.
·
List of approved
merchants.
·
Make P2P payments and
request payments from social media.
·
Transfer funds to a bank
account.
·
Security against
unauthorized transactions.
·
A standard fee is
charged for credit card top-ups.
·
Intuitive UX.
·
Fast payout.
·
Easy to learn.
6. Cash App
Square Cash, or Cash App, is a feature-rich,
loaded app with a simple design. This allows all the usual money transfers and
will allow us to invest and make profits trading Bitcoins.
As the name suggests, it is strictly a cash
substitute. No fees are charged for transferring funds from the Cash App to a
bank account as it works like a debit card.
features
· Easy to use UI
·
Secure payment.
·
Exchange crypto
currency.
·
Invest in stocks and
other asset classes.
·
Only available in the
US.
7. Zelle
Zelle is a must-have app for all users who live
or work in the United States. This app was created for a consortium of banks
based in Europe and the US. For this reason, it allows its users to access a
bank account at one of the consortium banks very easily. All receipts are
credited to the linked bank account automatically.
Feature
·
Instant fund transfer
·
Real-time P2P
transactions at partner banks.
·
Increased customer
engagement.
·
Easy to use interface.
·
The receiving and
sending bank must partner.
·
Cannot be used for
offline and online shopping.
·
Does not support
international payments.
8. AliPay
AliPay was once considered an innovation and
thought leader in the world of e-wallet payments. This platform has more than 1
billion users worldwide! Not surprisingly, it does offer fast, safe, and easy
payment solutions. If you use AliPay, you can get the best security according
to its class, 100 percent reimbursement in the event of an unauthorized
transaction, as well as payment protection for up to 90 days.
Features
·
Advanced encryption
techniques.
·
Strong risk management
framework.
·
Real-time monitoring of
transactions, risks and investment opportunities.
·
Dedicated support team.
9. Samsung Pay
Developed by Samsung, a world leader in hardware
manufacturing, Samsung Pay is one of the best apps to do online or in-app
shopping. This platform can be easily connected to our credit card and make
payments at PoS machines. Therefore, it cannot be used socially for P2P fees.
Features
·
The user base is ready
for Samsung mobile users.
·
Great rewards program.
·
Voucher from the
redemption catalog.
·
Three levels of
security: Iris scanner, digital tokenization and Samsung KNOX.
·
Payment via Show Code,
Scan Code, and Send Money options.
10. PayTM
Although PayTM's main user base is India, its
global backer allows it to be market ready in international jurisdictions. Now,
PayTM is available in Canada and Japan, apart from India. PayTM is also one of
the most used and trusted payment applications, with over 450 million users!
PayTM offers a wallet, e-Commerce platform,
ticket booking, tuition payment and banking services. Recently, he also
launched an investment brokerage operation.
Features
·
Pay bills and top up.
·
Can set reminders,
warnings, to top up e-wallet balances automatically.
·
Used to book flights and
hotels.
·
Offers premium services
such as PayTM Bank account for easy withdrawal of money.
·
Co-branded credit card.
·
One Digital Wallet for
All
·
The mobile revolution in
the smartphone space has brought people closer even when they are forced to be
at a distance. Digital transactions allow the wheels of the economy to shift
even during the worst times. Now Gramrds don't have to stand in line at ATMs,
visit bank branches, or write checks to make payments.
What we need right now is a smartphone that can
make payments, such as to friends, local shops, online shopping, electricity
bills, and even investments.
Mobile wallets or e-wallets can access our bank
accounts or stored cards to charge fees for any transactions. We can make
payments as small as a few rupiah for snacks up to millions of rupiah for
ticket orders.
Why Should We Use
E-Wallet?
Here are some
formidable reasons that make us feel compelled to use e-wallets!
·
E-Wallet mobile app
·
Automatic bill payment
·
No separate app needed
·
Rewards of usage and
loyalty
·
Pay to others
·
Pay to yourself
·
Accept money
·
Pay to online shops
·
No fees (or low fees)
·
High payment limits
·
Support international
transactions
·
Support online payments
·
Secure
·
Able to pre -order
It is very interesting when we can enjoy and
participate in developing technology so that features such as e-wallets are
created which are very practical. Its development is proof that the world is
constantly changing and we hope it will be in a better direction.