Pocketbook, a white label embedded financial solution that provides branded banking options to small and medium sized businesses (SMBs), announced a new digital wallet solution that will allow customers to accept payments directly from their own branded wallet. Pocketbook offers customers an alternative to legacy payment methods that are expensive, slow and built on outdated processing methods. As costs across businesses continue to rise, the growing digital wallet and payments space provides a low-risk, low-cost alternative to card payments that can eat up to 5% of a merchant's profits on every transaction.
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