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19min chapter
878. Focus: Can European digital wallets challenge the dominance of the big tech players?
Fintech Insider Podcast by 11:FS
Growth and Evolution of Digital Wallets in Europe
The chapter delves into the rise of mobile payments and digital wallets in Western Europe, emphasizing enhanced payment experiences, security features like tokenization and biometrics, and the evolution from preloading money to storing various payment cards and credentials in platforms like Google Wallet. It discusses the diverse functionalities of different digital wallet providers, the popularity of digital wallets like Vips and MobilePay in Europe for seamless transactions, and the shift towards digital payment solutions in various European markets, influenced by the pandemic and increasing expectations for online payments.
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