• Fintech Futures

Sustainability paytech Helpful’s digital wallet cuts transaction CO2 by 80%

UK-based sustainable paytech Helpful has partnered with Railsbank and Plaid to launch a digital wallet it claims can save up to 80% on the CO2 emissions created from transactions.

The digital wallets leverage open banking and are designed to help businesses make their checkouts faster as well as greener.

Helpful says the average amount of CO2 every checkout payment produces is 3.78g, which multiplied by the number of transactions that consumers make each year means the CO2 produced is “considerable”.

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