Impact of COVID-19 on the payment industry
Even before the pandemic struck, the payment industry was quite dynamic over the past few years. Double-digit growth rates, dizzy valuations, and technological...
How contactless payments are driving digital payment services in times of COVID-19
Even before the COVID-19 pandemic inflicted a massive health and econsomic catastrophe, contactless payments were already a widely used payment method...
What is digital parking and what are its benefits?
With each passing day, we are moving towards a cashless society, where all kinds of payments are made digitally. Today making digital payments...
How mobile wallets boost financial inclusion
An average privileged person enjoys several banking instruments like depositing/withdrawing money in a savings account, using ATM facilities and making digital transactions...
Why digital payments are important in a smart city?
The famed British Zoologist Desmond Morris once said something which beautifully sums up the story of current cities across the world. He said, “The city is not a concrete jungle, it is a human zoo”. Today,...
Digital payment frauds in the times of COVID-19 and how to fight them
The COVID-19 pandemic has impacted the world in an unprecedented manner. It has put breaks on most of our economical activities due to which all the businesses in the world are suffering. Other than that it...
How to cash in with customer loyalty programs on your mobile wallets
Mobile wallet payment has certainly become the most preferred mode of payment for tech-savvy millennial and Gen Z. According to a report, as much as 67% of the millennial are using mobile wallets.
Future of customer onboarding in banks
In today’s world of cut-throat competition, every interaction with the customer matters as it provides you with an opportunity to leave an everlasting impression on them. Almost...
Why eWallets are more popular in developing countries
eWallets services have been quite popular in developed countries like the US for almost the last 20 years. However, they have slowly started to gain popularity...
How payments can combat coronavirus pandemic and help the world to adapt
The coronavirus pandemic has impacted several facets of our lives like never before. The pandemic has literally halted most of the human activities for weeks. The current situation...