digital wallets

Russian mobile operators are gearing up to introduce wallets for the digital rubles, according to reports. The European country is currently developing its digital currency to increase financial inclusion within its region.  Digital Wallets In Development  This development was revealed by local media outlet Izvestia in a report published on Tuesday, February 16. According to the report, mobile operators have expressed interest in introducing wallets for digital rubles on smart devices.  Two of the largest mobile operators Beeline and Megafon,…

PayPal Holdings Inc shares were advancing recently after a sell-side analyst took a bullish stance on the payments stock. Mark Palmer, the BTIG analyst, said that the rising shift toward digital payments due to the pandemic has possibly hastened PayPal's long-term growth trajectory. In October, the company announced that its 333 million active users would buy, sell and hold Bitcoin and other cryptos with their digital wallets. Palmer elevated PayPal from Neutral to Buy with a $300 price target calling…