In a country where mobile payments are dominated by some of the world’s largest Financial Services Companies, the last thing you would think of is the entrant of a relatively young challenger bank. But Revolut might prove us all wrong! This article covers Revolut's reported expansion to China.▶ Watch Now!
Just 55 years ago, the UAE was a tiny fishing village before the discovery of oil which has helped to build this urban state. Fast Forward to this day, the UAE is known to be one of the urban miracles to the modern world and one of the top financial centers in the world. This articles takes the reader through the UAE's FinTech journey and covers Stripe's expansion to Dubai.
Online supermarket, Picnic is one of the first merchants to offer a one-click payment method in a pilot with Mastercard, Adyen, and Rabobank. Marek explains why this is a huge leap forward for checkout optimization. This article covers cart abandonment rates, network tokenization, online payments architecture in the Netherlands and more
The pandemic has been a catalyst for digital transformation and acted as an “innovation accelerator” for the economy. Many people experienced placing an online order for the first time or having a job interview via video call, some even realized they can attend an entire event virtually. This article covers Europe’s journey towards a cashless society by looking at payment trends within the continent, the paradox of banknotes, and Germany's decrease in cash payments.
The shift towards cashless payments has driven entire new customer segments to use and favor digital payments. In fact, nearly 50% of global shoppers expressed that they are using digital payments, more than ever before. Evidently, contactless cards are the top payment methods benefitting from this change. What we also witnessed is that in the US alone, e-commerce spending grew by 93% year-over-year in the month of May.
The number of US social commerce buyers accelerated 25.2% to 80.1 million in 2020 and will grow another 12.9% to 90.4 million in 2021. Brands are strategically utilizing Twitter as a platform to implement conversational commerce where customers can interact with their favorite brands.
Buy Now, Pay Later is one of the fastest-growing online payment methods in the Netherlands, the UK, the US, as well as France, Australia, Brazil and Japan. As demand for BNPL solutions continues to grow, Afterpay and Stripe partnered with the goal to expand the reach of installment payments even further.
Mastercard in partnership with IslandPay just launched the world's first central bank-issued digital currency card. Is this another step towards making digital currencies mainstream? In this article we break down this exciting news and explain how this digital currency-linked card works. And as always, we'll also share our thoughts on how this could impact the blockchain market.
Cryptocurrency has been a hot topic in a number of recent news reports insert popups of news reports, and we’re seeing an increasing number of issuers and banks making efforts in expanding digital currency roadmaps. This article covers Visa’s crypto API pilot and the possible effects of this initiative.
Buy now, pay later pioneer Klarna is launching its own banking accounts in Germany. Klarna was already a bank as the holder of a Swedish banking license, but without fully playing the "Bank" role in Europe. This is a remarkable step and certainly a big challenge for challenger banks!
One-click checkout platform, Fast closes $102 M investment led by Stripe. In today’s episode of all about payment we cover cart abandonment issues and the advantages of one-click checkout, and what your focus should be as owner of an eCommerce site!
Mastercard has been under heat after it was announced that they will sharply increase interchange fees post-Brexit, revealing the power of credit card duopoly. Let's look at what caused this increase and how it could affect both merchants and buyers.
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