Economic disparities create challenges for the adoption of mobile wallets, as users with low incomes
Falgunimmr19 Dec, 2024Other
. The absence of global standards in the mobile wallet industry create interoperability issues, hampering cross-border and cross-platform usability. Not all merchants and service providers accept Mobile Wallet payments. This lack of universal acceptance creates inconveniences for users who must continue to carry physical payment methods, limiting the seamless experience offered by Mobile Wallets.
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