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How are E-wallet Apps Profitable to Business Owners?
Rank: Advanced Member
Groups: Registered
Joined: 3/5/2020(UTC) Posts: 75 Location: London
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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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Biznas
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Tech / Special Interest
»
Automotive
»
How are E-wallet Apps Profitable to Business Owners?
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