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The COVID-19 pandemic was viewed as a catalyst for payments technology, but that was only part of the story. The larger shift may have been in societal attitudes toward technology itself. The crisis ...
For more than two years, CSIS has worked on how digital payment systems and digital ID enables financial inclusion in the developing world. Over the past year, our researchers have interacted with ...
In high-income economies, nearly 95% of adults either made or received digital payments in 2021. In India, 80 million adults made their first digital payment during the pandemic; in China, 100 ...
In a significant transformation of Jamaica's financial landscape, digital payment methods have steadily eclipsed traditional banking instruments over the past eight years, reshaping how ...
The adoption rate of digital payment was slow until 2019. Also, there was a vast variation as per the sector and country. The COVID-19 pandemic has, however, increased the adoption of digital ...
The pandemic accelerated a transition to cashless payments, forcing a reckoning among small-business owners. But there are benefits: An owner said one cashless system saved her $3,000 a month.
It was the global pandemic that catalyzed the contactless ways of payment around the world. As physical stores shut down, digital payment methods became the norm with shoppers looking for a less ...
According to DataHorizzon Research, The digital payment market size was valued at USD 84.5 Billion in 2022 and is expected to arrive at a market size of USD 505.3 Billion by 2032 with a CAGR of 19 ...
Bank of America, JPMorgan, Wells Fargo, and other banks are joining forces to create a digital wallet to compete with the likes of Apple Pay and Google Pay. But they have an uphill battle ahead.
The COVID-19 pandemic forced people worldwide to adapt quickly, and five years later, technology continues to play an essential role in daily life. The tools that became necessary in 2020, like ...