There is no doubt that digital payments are to live here. There are already many genes that do not only carry cash. Why do you take cash when you can make all your payments digitally? This is clearly changing the way people live, both online and offline. This trend is expected to grow firmly in 2024, fuel from the offer and safety of these devices. But which areas actually dominate e-wallets?
The world of e-commerce
This is one of the main areas where e-wallets have received traction. In 2023, more than 14.2 billion digital transactions were done in Brazil, and a continuous increase in 2024 is expected, a trend that is already happening. Users prefer e-wallets as they allow them to pay quickly and safely, without continuously entering their credit card details.
Integration with the Social Commerce platform has made the purchase experience more simplified, especially for young consumers such as Generation Z. Another aspect that makes e-wallet so popular in e-commerce is a low risk of fraud. Because they do not need to share confidential banking information, users feel more confident when paying. This is especially small, true for frequent shopping, where speed is necessary, but also for large purchases.
The Travel Industry: Digital Payments Without Borders
The travel industry has adopted the use of e-wallet. While traveling abroad, the ability to pay without additional exchange or bank fee is a huge benefit. E-wallets allow passengers to pay easily, whether for flight booking or hotel and restaurant payment.
By 2024, more than half of travel booking will be done through digital payments. This indicates how e-wallets have also become necessary in this region. Travel booking platforms have made it possible to pay with digital wallets. This has improved consumer experience, allowing consumers to focus more on travel than the management of their visits.
Payments in online games: The boom in digital payments
In the gaming industry, e-wallets are experiencing tremendous growth. The use of digital wallets for deposits and withdrawal in bookies is estimated to increase. The main reason is the speed of the transaction, which allows players to start playing immediately, without waiting to complete long verification procedures.
Adopting this technology in this field has a significant advantage for both players and platforms, which ensures high quality user experience. When playing with free bonuses or withdrawn, using an e-wallet ensures high levels of safety. If you want to know more about the best speculators with cryptocurrency payments and most convenient bonuses, learn about the stake code – it is almost easy to use as a digital wallet.
Foodservice: Contactless orders on the rise
In the world of foods, bars and cafes are adopting e-wallets as their favorite payment method. In 2023, digital transactions in the region increased significantly, thanks to your smartphone’s ability to directly order and pay. Whether it is a fast-food chain or a luxury restaurant, more and more customers are choosing to pay with an e-wallet to avoid physical contact with cash or card.
Who did not order the burger and paid with his phone? Who has not called Uber and did not have to pay because the company only allows electronic payments? The food service chain is eventually solving another problem. This is quite common for cashier issues – that is, the cash in the register does not match the challan. With this new payment method, everything becomes simple and more reliable because there is less space for error.
Streaming and entertainment platforms
Another area where e-wallets are popular, digital entertainment, especially on streaming platforms. Users can pay for monthly membership with one click, without entering the payment information manually. It has made e-wallets an essential tool to quickly and originally reach digital materials.
The use of digital wallets on streaming platforms has greatly increased, with a strong focus on integrating these devices with services offered by recurring payments and services offered by providers. This makes the user smooth and more comfortable.
The healthcare sector is also starting to adopt e-wallet to facilitate payment for services. There has been significant progress in simplifying payment processes to encourage the use of cashless payment. This helps improve access to healthcare services and reduce waiting time in facilities.
