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Contactless payments for everyday purchases increase globally

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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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PayPal to enter China through GoPay acquisition

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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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