This is a preview of the Global Payments Landscape report from Business Insider Intelligence. Current subscribers can read the report here. Noncash payments are on the rise worldwide. As new players emerge to capitalize on consumer appetite for digital payment methods, three mature markets — the UK, Australia, and Sweden — have become standouts for what […]
Tag: cashless
Contactless technology is paving the way for a cashless society within 15 years
GETTY Contactless cards are just the beginning, as experts predict physical cash will soon be unnecessary Immediately, a smart camera scans your irises, connects with your phone and sends your usual order to the barista. A couple of minutes later you waltz out of the door clutching your cappuccino without even touching your purse as the […]
India could become the first digital, cashless society
REUTERS/Mikhail Metzel/TASS/Host Photo Agency/Pool The top news out of India over the past 12 months has been President Modi’s move to ban 85% of the currency in circulation. However, something much more far-reaching has happened. It’s called India Stack. The Foundations of a New Financial System Before 2009, half of all Indians didn’t have any form […]