The introduction of the Unified Payments Interface (UPI) Lite has sparked a new debate on the effectiveness of wallet payments versus payments done directly on banks’ Core Banking Systems (CBS) for processing low-value, high-volume transactions. In recent years, there has been a surge in digital payments, primarily driven by the...

In today's fast-paced world, the concept of pocket money for teens is evolving, with many families opting for digital solutions over traditional cash. But what is digital pocket money, and why is it gaining popularity? Let's explore this trend through a series of frequently asked questions (FAQs). What Is Digital...

Looking to build your own digital wallet or integrate one into your business? You're in the right place. Digital wallets aren’t just a convenience anymore—they’re a necessity. With mobile payments booming and customer expectations evolving, businesses that don’t adapt risk being left behind. In this Digital Wallet Setup Made Easy:...

In the fast-paced world of digital transactions, the landscape of payment methods has evolved significantly. Two popular contenders have emerged among the various options available: Tap and Pay and QR Payment. Each method offers its own set of advantages and considerations, leaving consumers with the task of choosing the right...

In the rapidly expanding universe of fintech and mobile commerce, digital wallets represent a significant leap forward in how consumers manage and spend their money. For app developers, integrating digital wallet functionality is becoming not just an enhancement but a necessity. This blog aims to demystify the process of integrating...

From grocery runs to global e-commerce, digital wallets are quietly transforming how the world pays. What once felt futuristic is now expected—fast, secure, and contactless. But what’s really powering those effortless tap-and-go moments? In this blog, we decode the tech behind digital wallets and why they’re becoming the go-to payment...

Ever come across those weird checkered squares on posters or at cafes? Those are QR codes, and they're kind of like mini barcodes that your phone can scan to take you places or show you things. But lately, they've been popping up everywhere for payments – tapping your phone to...

In the ever-evolving landscape of e-commerce, building and sustaining customer loyalty is crucial for the success of online merchants. With consumers having a plethora of choices at their fingertips, it's essential to provide an exceptional shopping experience. One effective tool for achieving this is the integration of a closed-loop digital...

So, what’s the oink on the digital piggy bank all about? Well, think of it as your child's finance guru in the palm of their hand. It's an app designed to teach kids the value of money, the importance of saving, and the joy of watching those pennies add up...

From a simple tap-to-pay to becoming the digital gateway to all things finance—digital wallets are rewriting the rules of banking. They’re no longer just tools for payment; they’re the operating systems of modern finance. But here’s the thing most executives miss: not all digital wallets are created equal. And in...

In a world where technology is advancing at lightning speed, the way we handle money is evolving just as fast. Digital wallets have become a buzzword in financial circles, but what exactly are digital wallets for financial institutions and banks? Let's dive into this fascinating topic and unravel the intricacies...

In today's rapidly evolving digital landscape, the way we pay for services is constantly changing. The telecom industry, at the forefront of technological advancements, is embracing this shift by offering innovative digital wallet solutions. Ever forget to pay your phone bill? Annoying, right? Digital wallets are here to save the...

The rapid digital transformation sweeping across various sectors has profoundly impacted the utilities industry. One such innovation that has gained significant traction is the digital wallet. Designed to streamline payments and enhance user experience, digital wallets are revolutionizing the way consumers interact with utility providers. This blog specifically focuses on...

A payment switch is the behind-the-scenes engine that powers real-time transactions between acquirers and payment endpoints. It's what makes digital payments work—whether you're shopping online, paying a utility bill, or processing a transaction through your bank or PSP. This critical software has long been the backbone of modern commerce. But...

In the dynamic world of finance and fintech, innovations and solutions constantly reshape the way we manage and transact money. One such innovation is the closed-loop wallet, and at Toucan Payments , we're committed to bringing you the best. What is a Closed Loop Wallet? A closed-loop wallet is a...

Create image Quick Response (QR) payment systems have revolutionized the financial landscape in many countries, particularly in India and China. The digital transformation of payment systems has brought convenience and efficiency to financial transactions worldwide. Among the most notable advancements is the QR payment system, which uses QR codes to...

Handling cash flows has always been key to businesses’ survival. However, walking the path with numerous customers, partners, merchants, and vendors every single day of the year is challenging. Often, on an invoice, there could be multiple sub-payees, which makes it so complex for your workforce. Could Split Payments Be...

Behind that smooth checkout experience is something powerful—but invisible. It's not the gateway you see, but the Payment Switch that does the heavy lifting behind the scenes. Think of it as your payment system’s brain, routing each transaction down the fastest, safest, and most efficient path. No delays. No guesswork....

Fast digital onboarding is no longer a luxury—it’s a business essential. Whether you’re a fintech, bank, or telecom operator, verifying customer identities securely and swiftly is critical to staying compliant and competitive. That’s where digital KYC (Know Your Customer) steps in. And today, businesses rely on two primary methods to...

In an era of rapid digital transformation, the way we make payments is evolving at a Payment purchasing methods are changing at a rapid pace. Among the innovations reshaping the landscape of retail payments, closed-loop wallets have emerged as a game-changers. Let's embark on a journey to uncover the transformative...