All about web shops and real-time payments

Dec 24, 2023

Definition: Instantaneous transactions between bank accounts, including on holidays and weekends.
Global Growth: Expected to constitute 30% of all electronic payments by 2027.
Regional Examples:
- Brazil's PIX: QR code-based, used by over 131 million users.
- India's UPI: Accounted for 46% of all real-time transactions worldwide in 2022.
- US's Fed Now: A national system for instant payments, projected to handle 11.5 billion transactions by 2027.

Definition: Payment methods other than cash or credit cards, crucial for financial inclusion.
Importance: Vital for markets where major platforms don't include all payment methods, enabling transactions for those without traditional banking.
Examples:
- Japan: Convenience store payments like Konbini, Pay Easy, Bit Cash.
- Africa: Rapid growth in mobile gaming, underserved audience.
- Market Reach: Essential for global expansion, especially in emerging markets.

Role in Revenue Generation: Matching or exceeding in-app revenues in some cases.
Functionality: Beyond transactional platforms, evolving into community hubs and live OPS platforms.
Operational Learning: Companies learning to operate web shops as live OPS commerce platforms with targeted pricing, special promotions, and community engagement.

DMA Overview: Targets large tech companies, promoting fair competition and interoperability.
Sideloading Potential: Opens possibilities for sideloading on iOS, allowing users to install apps outside of the Apple ecosystem.
Third-Party App Stores: Possibility of third-party stores within the App Store, offering new content and payment methods.
Global Impact: The European Union's regulations often influence global policies, indicating broader implications for the digital games business.

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