A digital wallet can have one or more functions, it can be us to pay in stores, withdraw money from an ATM, as identification, to store tickets for transportation or events, coupons, gift cards, but it can even work as car keys . Below are the five main functions that Mexican users give it:
91% of digital wallet users use them to pay
To withdraw money from an ATM: going to the ATM and withdrawing mon mexico whatsapp number data ey is possible with this technology, the study indicates that 35% of digital wallet users use them for this activity. 44% of this subsegment prefers to use a digital wallet at ATMs rather than physical cards.
As a crit or debit card for payment : Using digital wallets as a means of payment is the ma when launching a business set deadlines and specific n function that users give them (91%). 45% of this subsegment that pays with this technology chooses the digital wallet as their first payment option, compar to a physical crit or debit card.
Businesses are advis to be prepar with payment processing systems that are compat malaysia data ible with most card transaction systems, as well as with different contactless payment functionalities.
Read our article that focuses exclusively on the trends of digital wallet users who pay with their wallets.
For gift cards: 28% of digital wallet users use them for gift cards and 7 out of 10 of this subgroup prefer this method over the traditional physical version.
Merchants with customer loyalty systems can have their own digital wallet for this function, either their own app or a third party app.