New digital wallet set to raise banking competition
A digital app that enables users to receive and send money for free and perform other banking services seamlessly has taken off, raising the emerging competition for banking services. The app was unveiled by Nigeria’s payment solution provider, PurplePay, but it targets the huge global electronic payment ecosystem hopes to leverage and revolutionise the emerging peer-to-peer transfer lifestyle. The digital payment platform promises to offer consumers’ experience and deliver seamless transactions to change the way businesses and other organisations send and receive funds. ...