FINANCIAL TECHNOLOGY

PayTech: the fundamentals of digital wallets

Assessing three segments: 1) Pure digital wallets and the case of PayPal, 2) Digital payment ecosystems and the case of AliPay, and 3) Social payment platforms and the cases of Venmo and WeChat

Fintech, in its broad definition, is the technological innovation that improves how money and capital are transferred, raised, and invested.