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dylangore  
#1 Posted : Wednesday, May 06, 2020 12:45:24 PM(UTC)
dylangore

Rank: Advanced Member

Groups: Registered
Joined: 3/5/2020(UTC)
Posts: 75
United Kingdom
Location: London

By venturing into mobile wallet development, business owners can gain revenue via multiple ways,

  • Commissions for instant money transfers: Certain users need to make instant money transfers through their wallets. In such cases, business owners can levy a certain percentage of payment as commissions.

  • Commissions from merchants: Digital wallets provide an additional mode of payment for merchants. As a result, revenue is generated in the form of commissions from merchant payments.

  • Displaying Ads: Business owners can join hands with third-party vendors for advertising in the app. By displaying ads for a specific time, revenue can be generated.
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