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McKinsey predicts payments revenues to enter negative decline
As the catastrophic human costs of the coronavirus come into clearer focus, so too do the consequences for people’s well-being beyond the immediate imperative to safeguard lives. Taking care of... more
The post McKinsey predicts payments revenues to enter negative decline appeared first on Payments Cards & Mobile.
UK cash usage halves due to COVID-19
Fresh reports from LINK, the operator of the UK’s biggest network of ATMs, say cash usage in Britain has halved in the past few days. The closure of shops, a shift... more
The post UK cash usage halves due to COVID-19 appeared first on Payments Cards & Mobile.
WHO pushes for contactless payments instead of cash to slow Covid-19
Cash has long been know for its “dirty” origins, but now the WHO is warning against using cash and moving to contactless payments to slow the spread of Covid-19 or... more
The post WHO pushes for contactless payments instead of cash to slow Covid-19 appeared first on Payments Cards & Mobile.
Cashless payments exceed cash transactions in Russia in for the first time
Sberbank has analysed cashless payments in Russia under the SberData project, its big data analytics and processing initiative. For the first time ever, over a half of products and services... more
The post Cashless payments exceed cash transactions in Russia in for the first time appeared first on Payments Cards & Mobile.
Report: The future of payments – Cash survives … for now
When people discuss the future of payments they tend to predict the end of cash. Not only do we think cash will be around for a long time, we see... more
The post Report: The future of payments – Cash survives … for now appeared first on Payments Cards & Mobile.
