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Insights
29-Mar-18 Over a millennium ago, China became the first country to develop a paper currency, and it might become the first to go cashless. In 2010, digital transactions accounted for 3.5% of retail consumption; by 2015 it was 17%. [image: EPA]
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Insights
20-Mar-18 Korea’s card issuers plan to expand into global markets to address declining revenues at home. Lotte Card is entering the Vietnamese market, while KB Kookmin Card is seeking to push in the US. [image: Business Korea]
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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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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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Insights
07-Mar-18 In order to prevent Xiaomi Redmi Note 5 Pro phones being sold out within seconds to people buying them for resale, the manufacturer has removed the Cash on Delivery payment option for sales on Mi.com and Flipkart in India. [image: xda]
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