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What is digital wallet interoperability?


Digital wallet interoperability refers to the ability of different digital wallets to work together seamlessly, allowing users to easily transfer funds and data between them. In simpler terms, it refers to the ability of different digital wallets to interact and communicate with one another, regardless of their providers or platforms. Interoperability enables users to easily manage their finances across various digital wallet systems, without having to rely solely on one provider or platform. It promotes greater financial inclusion, enabling users to access a broader range of financial services and reducing the risk of vendor lock-in.


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