Whether your wallet is tucked into your pocket, thrown in your purse, or a swipe away on your smartphone, the way you handle your money has an effect on your actions - whether intentional or not. Today, Pankaj Sharma, Global Lead, Wallets, Product and Commercialization, Visa Direct at Visa and Ani Sane, Co-Founder and Chief Business Officer of TerraPay, sort through what digital wallets are, what digital wallet usage means for our spending habits, and if cash will even be around in 20 years. We hope you enjoy this fascinating new episode of Money Travels, brought to you by Visa.
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Disclaimer
- Visa Direct capability enabled through a financial institution partner.
- Visa Direct product availability and functionality varies by market.
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- Availability varies by market. Please refer to your Visa representative for more information on availability.
- Visa Direct Wallet capability is under development and not yet commercially available.
- The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.
- Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes, and are solely responsible for their own compliance with applicable laws and regulations. Optional compliance controls and risk management tools and services are provided solely for the convenience of [sending acquirers, service providers, merchants, and recipient issuers / the Visa Direct clients and participants, and Visa makes no warranties with respect to them or their results. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.
- This podcast describes controls for Visa’s internal compliance purposes. Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.
- Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.
- Lee, Y.Y., Gan, C.L. & Liew, T.W. Do E-wallets trigger impulse purchases? An analysis of Malaysian Gen-Y and Gen-Z consumers. J Market Anal 11, 244–261 (2023). https://doi.org/10.1057/s41270-022-00164-9
- Juniper Research Ltd, Digital Wallets – Accelerating to a Cashless Society, 2021. https://www.juniperresearch.com/whitepapers/digital-wallets-accelerating-to-a-cashless