Allied Wallet is a leading provider of e-commerce payment services offering a variety of payment solutions connecting over 196 countries all over the world. The online payment provider has added payment options to efficiently serve the growing demand in Brazil and other parts of the world. According to Allied Wallet´s facts, eWallets use is expected to rise and become the most popular payment method globally. By 2020, mobile payments will range at $503 billion as predicted in Business Insider.
In Brazil, the use of mobile commerce and e-commerce services are growing in popularity each day. As a result, the digital e-Wallets are as well expected to double in demand to 31% by 2021, and its worth will be USD 23.7 billion. In Brazil a population of more than 55 million citizens, are without bank accounts, hence the need for other alternative payment options. There are over 500 million mobile phones and 10 billion top-ups yearly, digital e-Wallets that are accessible through mobile phones are the future of Brazilian`s payments.
Allied Wallet offers several e-commerce services to the online shoppers in Brazil, as they are compatible with the Brazilian`s network service providers including Boleto Bancario, AstroPay Card, Aura, and Cartao MercadoLivre. With the advanced technology where an average user of the internet in Brazil utilizes about $560 through online shopping which is expected to grow by 64% in nearly three years period; however, a more significant percentage of users are concerned about security.
Brazil is among the largest countries with high economy in the world even more extensive than the UK, Russia, Italy, and India. To ensure their economy continues thriving, Allied Wallet has made its digital e-Wallet compatible solution for Brazil though servicing all the preferred payment options. According to Allied Wallet CEO, Dr. Andy Khawaja, he admitted that the use of digital e-Wallet is the most popular payment method.
As the online business continues to experience steady growth in Brazil, the company has simplified the process for use through making their payment option compatible, and they are working effortlessly to give consumers and Brazil owners of Brazil more advanced and secure way to transact.
Find more information about Allied Wallet´s online payment method at https://merchantmachine.co.uk/allied-wallet/