Encryption Government Microtransactions 
Finextra
JUNE 11, 2025
Tokenization & Biometrics: One-time-use tokens, facial recognition, and hardware-level encryption now set the standard. Data Governance: As wallets become data-rich ecosystems, compliance with GDPR, PSD3, and future AI regulations will be mission-critical. These mechanisms make wallets more secure than traditional card rails.
Fintech Review
NOVEMBER 19, 2023
Due to the decentralized and encrypted structure of a blockchain, data saved on it is extremely secure. Small-scale transactions and payments Blockchain technology enables low transaction costs for microtransactions and micropayments.
PayHawk
APRIL 18, 2023
Encryption The process of encoding sensitive data to prevent unauthorized access. Microtransaction A very small transaction, typically less than $1, that is processed electronically. Sales Tax A tax on the sale of goods and services, collected by merchants and paid to the government.
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