Allied Wallet Connects Its Platform with 200+ Million in Brazil

Allied Wallet Connects Its Platform with 200+ Million in Brazil

October 23, 2018 0 By NewsTakers

In Brazil, over 55 million consumers do not have a bank account, hence,
the popularity of alternative payment options.
With over 500 million
phones and 10 billion top-ups annually, digital wallets that are
accessible via a mobile device are the future of Brazilian payments.
Allied Wallet is now offering several of the most popular alternative
payment options in Brazil, as they are now compatible with Allied
Wallet’s digital eWallet services.
The average internet user in Brazil spends about $560 USD online and
online shopping is expected to grow 64% in the next three years
(Forrester); however, 47% are concerned about security online.
Brazil has the sixth largest economy in the world, even larger than the
United Kingdom, Russia, Italy, and India.
Allied Wallet has made their
digital eWallet the most compatible digital wallet solution for Brazil
by servicing all their preferred payment options to help secure their
growing online shopping demand.
Allied Wallet now services brands like Boleto
Bancário , which generates 3.7 billion transactions per year and
accounts for 25% of all online payment transactions.
As e-commerce continues to see steady growth in Brazil, Allied Wallet
proudly announces that all these new payment methods are compatible, and
they are happy to give consumers and business owners of Brazil a more
advanced, secured way to transact.
About Allied Wallet:
Please visit www.alliedwallet.com/ .

“Today synthetic identities are not always created using valid information from multiple consumers. Many are composed of invalid information with no ties to a known consumer – making them increasingly difficult to detect. With no victim to report that their identity has been stolen, or conflicting personal identifying information (PII) to raise a red flag, fraudsters can operate undetected for years, building up credi…

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