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Insights
01-May-20 Mastercard global consumer study shows nearly eight in 10 say they use contactless payments. Early this year, contactless transactions grew twice as fast as non-contactless transactions in the grocery & drug store categories as countries imposed restrictions to promote social distancing. [image: Facility Management]
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Insights
16-Apr-20 The new milestone sees the testing of critical features of the payment platform, Pix. Under the new model, transactions will be fulfilled in up to 20 seconds, including on weekends and outside banking hours. [image: UCLA Newsroom]
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Insights
14-Oct-19 Saudi Arabia’s payments firm HyperPay plans to expand in the Middle East and North Africa, capitalizing on opportunities presented by the government’s push towards cashless targets. The kingdom aims to raise cashless transactions to 70 percent by 2030. [image: REUTERS/Faisal Al Nasser]
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03-Oct-19 Southeast Asia’s Internet economy will reach USD100 bn in 2019, up 39 percent from USD72 bn last year. While Malaysia, the Philippines, Singapore and Thailand are expanding at 20-30 percent, growth in Indonesia and Vietnam is over 40 percent. [image: bennymarty/123RF]
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Insights
30-Sep-19 PayPal’s acquisition of a 70 percent state in GoPay will make it the first foreign platform to provide online payments in China. Though China’s payments market is led by local players, there’s still plenty of room for growth. [image: TechCrunch]
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