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Strapped for cash - e-commerce payments in the Middle East

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 Articles

In the Middle East, opportunities for innovation in payments are plentiful. More than 80% of brick-and-mortar retail payments and 65% of e-commerce payments are still made in cash. The region has all the makings of an ideal environment for safe, secure and convenient alternative payments. The Middle East presents a rare opportunity for digital payment innovators to access a populous and high-spending region with good levels of connectivity. [Image: ArabNet]

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Domestic business is now inviting, says PayPal India’s Pahuja

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 Insights

12-Mar-18 Global payment gateway PayPal launched its Indian domestic payments service in Nov-17, and according to MD Anupam Pahuja, "cash continues to be among the biggest competitors... but India is going big on digital and cashless payments." [image: Paul Noronha / The Hindu Business Line]

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Cash is more popular than ever, central bankers say

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 Insights

12-Mar-18 Despite the increased use of electronic payments around the world, there is “scant evidence” of a shift away from cash, according to the latest quarterly review from the Bank for International Settlements - the 'central bank of central banks'. [image: istock / news.com.au]

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