- E-wallet adoption in the U.S. lags behind other countries
- Presents great market opportunity for GreenBox
- QuickCard e-wallet powered by blockchain ensures secure payment
Leather wallets are fast becoming passe as cashless payments proliferate. Increasingly, smartphone users are finding electronic payment technology in their wallets. Digital developments have ushered in the era of the e-wallet, payment technology like that from GreenBox POS, LLC GRBX, -12.36% which makes paying electronically a whole lot easier. GreenBox, headquartered in San Diego, California, with offices in Seattle, Washington; Las Vegas, Nevada and Vancouver, British Columbia, Canada, builds customized payment solutions based on blockchain designed to lower transaction costs, reduce fraud and strengthen regulatory compliance. The company has developed the QuickCard e-wallet. As its name suggests, it gets payments done much faster, a boon to consumer and merchant alike.
Electronic payment, particularly through smart mobile phones, is replacing cash everywhere. In China, there have been reports of retailers refusing payment in cash, as reported by the…
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