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Japan finally embraces alternative payments

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 Insights

18-Jan-18 Japan's smartphone penetration exceeds 70% and households using e-money exceeded 50% in 2017. Now, analysts are expecting a 20% increase in cashless payments as the labour shortage and a tourist influx drive money to cards and phones. [image: Nikkei Asian Review]

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Competition is coming in Middle East e-payments

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 Insights

11-Jan-18 2017 was another good year for HyperPay, as the company achieved growth of 140 percent. CEO Muhannad Ebwini believes e-commerce will grow dramatically in 2018, especially in Saudi Arabia as authorities allow 24 million debit ATM cards for e-commerce. [image: HyperPay]

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Sprint reveals first self-charging digital payment card

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 Insights

08-Jan-18 Sprint has come up with a battery-powered payment card which functions as a debit, credit, prepaid, multi-currency or loyalty card. Partnered banks Emirates NBD, Japan’s Sumitomo, Canada’s CIBC and India’s IndusInd are expected to launch the card in 2018. [image: Dynamics Inc]

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