Digital wallets have been getting popular among consumers more and more every other day. Ability to accept payment in all forms is crucially an important aspect for merchants, digital wallet is one of them. Merchants need to keep up with evolving e-wallet technology, especially with those gaining increasing popularity.
As simple as it is, a digital wallet is a linked platform to an individual's bank account. It differs from a typical mobile payment system since nor a card info neither a card processing is involved for the transaction process. It is more practical, in some cases more secure, and less costly. That is why is getting popular.
While digital wallet technology is still evolving, it is best to pin point the currently most popular ones. After searching all available in the market, I came up with top 14 brands those need to be listed for merchants' information. Below they are listed, with live links included, so that you can simply click and visit their specific pages designated for merchants.
For the note, WeChat is the digital wallet used by most people in the world as of now, however it is only in China; and, since it is not in use in the US, WeChat is not included to the list below.
Owned by: Facebook.com
Owned by: Amazon.com
Owned by: Alibaba.com
Owned by: Master Card
Owned by: Microsoft