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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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25-Sep-19 Morocco’s e-commerce market is growing at 40%, according to AMI and Global Growth Markets. Payment preferences differ - 96% of online retail transactions are cash payments, whereas cards and digital payments dominate online travel and accommodation purchases. [image: Shutterstock]
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Insights
19-Sep-19 Google is bringing Google Pay to businesses in India as it rushes to maintain its lead. “India has more than 60 million small and medium-sized businesses, however only a fraction of them support digital payments," said Ambarish Kenghe, product manager. [image: TechCrunch]
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12-Sep-19 UAE enjoys the highest trust in the banking sector compared to countries such as the US, UK and China. Banks showed the highest improvement, compared with food and beverages, retail and the financial sector. [image: Kantar]
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Insights
05-Sep-19 China’s new digital payment infrastructure - face recognition - could make even QR codes seem old-fashioned. Customers simply pose in front of POS machines equipped with cameras to pay. Alipay will spend USD420 mn on the technology by 2022. [image: Asia Times]
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