After the pandemic: World’s leading digital bank

Citigroup is one of the most renowned investments and financial bank of America. To the utmost and uncertain pandemic crisis, stiffens the situation of every bank. And so, is the case with Citigroup. In advancement to the better opportunity, this bank has invested around $2.2 trillion for the 2020 project. The ultimate aim of Citigroup is to a partnership with the highest of technologies involved in multiple platforms such as social media, e-commerce, and the trending ones over the internet.

The moreover 70 percent payment of china has been held upon by Citigroup in the form of AliPay. It is the digital monetary payment exchange initiated and triggered by the Alibaba group. Apart from that, Line and WeChat are the other most used social apps, where Citigroup provides its digital mode of payment.

The mega-lender, most known for credit card offers, recently partnered with the highest running mode of exchange in India, Paytm app. It has also modulated Singapore’s chatbot to provide queries response on the messenger platform. The major stone turned up when the bank incarnated the ‘G-pay’ wallet system back in Nov 2019.

Citigroup has always enhanced itself in the newer version of digital exchange. But due to the ongoing COVID 19 fatal tragedy, the morale of the banking system has been drowning. The customers are more vulnerable to approach any credit difference. Everybody is preferring to act secured with smartphones tapering. They wish to ravish their financial activity in their hand.

This has never been the topic of hindrance before. The sudden situation aroused because of the coronavirus pandemic. Customers were forced to choose and rely on online financial deliverance due to the consecutive lockdowns across the world. With more of handle-free tools and mobile activity, it was noted that almost 84 percent of people in the USA have been doing bank check-outs via smartphones and their desktops. The quarantined ones are deemed to use Apple Pay. Yet! Another such country is Mexico, which saw 80 percent and above downloads of payment wallets. Past the end date of March, and until today, 116 percent online transactions have been surpassed with 78 percent digital payment till the date.