CoreWallet Use Cases Archives

A stylized smartphone showing an different emoney business options, from governmental to payment applications

Building Your Own Emoney Online Business

June 11, 2018March 5, 2019 trimplement Leave a comment

Prospects and Challenges

In the modern economy, digital payment processes have become a key business factor. Electronic money is transferred across virtual wallets all over the globe at second intervals — or even quicker. Who can build and innovative emoney business quickly, can carve out a niche for themselves.

“Fast-pacedness, however, is not the only reason behind the rise of ewallets and payment software. Profitability also plays a huge role. According to statistics by McKinsey, shifting their customers from traditional offline to digital accounts can save an enterprise up to 90 percent in service costs. Consequently, mobile and online payment solutions are in high demand. In 2016 the Statista Digital Market Outlook predicted an increasing growth rate for the mobile payment sector. 63% within 5 years, to be exact.

An ewallet, placed in between several stored-value powered apps, running on the foundation of CoreWallet

Use Case: Using CoreWallet for Stored Value Transaction Systems

December 8, 2017August 5, 2019 trimplement Leave a comment

Modern life can in many ways be broken down into a series of transactions. We give something, like information, money or services, and we get a corresponding value in return. In that regard, time really is money. And so are stored values like virtual assets, loyalty points, kilometers driven and hours of usage.

Effective stored value management has become an important factor for online and offline businesses – all the more as customers interact with stored value systems on a daily basis too.