Mobile payments and digital wallets should be integrated with traditional payment forms. You'll want to continue offering all the forms of payment you currently accept in addition to digital wallets. As mentioned previously,300-415 exam questions mobile wallets should fit an overall sales plan.

How do mobile wallets make money?

Mobile wallet app companies earn a percentage (usually between 2% and 20%) from every purchase made through the mobile wallet app, depending on the purchased product. This happens through service tax and transaction fees. For example, Paytm.com has a 1.99% transaction fee and charges a .30% service tax.

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