THE ROLE OF A WALLET INFRASTRUCTURE IN DRIVING THE PLATFORM ECONOMY GROWTH
Understanding the wallet infrastructure This kind of infrastructure facilitates the collection of payments, manages fund distribution among multiple parties and currencies, and handles payouts to service providers and sellers. A wallet ecosystem extends these
Over the past decade, the platform economy has gone through major changes. What started as marketplaces and gig platforms has evolved into an ecosystem where verticals blur their boundaries. Fintech merges with retail, ride-sharing connects with delivery and digital finance integrates with nearly every consumer-facing service. As these services become more connected, the space becomes more competitive, and the pressure to scale grows stronger. To better understand this shift, let’s look at some of the key trends shaping today’s platform economy:
n Multi-party payments are no longer simple transactions. They require detailed rules to split funds, apply fees, and settle in real time across different geographies. Traditional financial
n Fast-growing platforms operate on high-volume transactions but low-margin models. Much of the financial value from those transactions flows to third-party providers. Now, platforms want to take a more active role and monetise these financial flows. All these trends above can be addressed by the wallet infrastructure, which is a system that enables platforms to create wallets for their customer to store and move money as they see fit. The same system creates new ways for platforms to earn revenue through transactions that happen inside their apps and websites.
infrastructures, built for linear workflows, simply
can’t keep up. We need more flexible and scalable systems. n User engagement is just as important as user acquisition. A fintech platform with a million users, for instance, is only as valuable as the number of those users actively transacting. If a quarter are inactive, the growth potential is limited.
capabilities, allowing businesses to create
customised money movement flows, automate transactions, manage FX operations, and design white-labeled payment experiences. It’s very important to make a clear distinction. Across the payments and fintech industry, wallets are perceived as
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