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Payments (Paytech) Payment technology, commonly known as Paytech, encompasses a range of digital payment solutions designed to ensure secure and efficient transactions. Mobilepayment services like Apple Pay and Google Wallet allow users to make payments seamlessly using their smartphones. billion by 2025.
Alipay is an online digital wallet that is predominately used by Chinese citizens to make payments without cash. You could say it has the same level of popularity in China that Venmo and Paypal have in the US. A very well-known app, PayPal has made quite a name for itself as one of the top online wallet apps. Key Features.
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