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Mobile apps still account for only about one percent of transactions. There are a few ways to increase adoption, such as targeting payment types that are already tough to make with cash.
April 20Oracle Financial Services Software -
South Korea is already at the forefront of digital payments as home to Samsung Pay, and this week the country will begin discouraging the use of coins in stores.
April 19 -
E-commerce can bring many efficiencies to a retailer's operations, but in the legalized cannabis industry, payments must still be handled offline.
April 19 -
Future Retail Ltd., India’s biggest department store chain that gained from the government’s surprise currency clampdown, still has room to extend the rally that’s more than doubled its market value this year.
April 18 -
South Africa doesn't rank as high on Mastercard's mobile readiness rankings as some other countries, but a need for convenience and security is drawing more attention to the channel, particularly among the young.
April 13 -
Companies that allow merchants to quickly set up card acceptance through mobile technology are rushing to fill a void in the Indian market following the country's dramatic shift in cash policy.
April 12 -
Singapore-based ride-sharing company Grab is looking to expand its reach in Indonesia through its acquisition of Kudo, an e-commerce platform for unbanked consumers who would be unable to use Grab's own digital payment platform.
April 7 -
The European Central Bank issued a new 50-euros banknote April 4 across 19 countries in the euro zone, the fourth new bill for consumers in what is termed the Europa series and includes euro denominations of 5, 10 and 20.
April 4 -
Amazon is lending its considerable brand and heft to a cash payment model that borrows a vital piece of real estate from Apple Pay.
April 3 -
As many tech companies push to counter the use of cash in favor of cards and mobile wallets, some merchants are pushing back by urging the use of cash.
March 15