The global payment scene is quickly shifting from traditional cash transactions to digital and contactless payments, urging countries to adjust their financial infrastructures and policies. As this process is happening, some jurisdictions stand out as pioneers in embracing and facilitating this critical change.
28.08.2024
Sustainability has become something of a buzzword these days — but for good reason. Last year, the Intergovernmental Panel on Climate Change (IPCC) published a synthesis report confirming that climate change is steadily worsening, with greenhouse gas emissions having reached record levels. However, it isn’t all doom and gloom; according to the IPCC, we can still turn things around — and with the future of our planet and our species at stake, it is vital that we take the necessary action to do so now.
22.08.2024
Around the globe, card schemes and regulatory bodies are actively pursuing efforts to enhance payment security for consumers. In Japan, for instance, significant measures are being implemented with the revision of the 3D Secure (3DS) protocol as part of the nation’s Credit Card Security Guidelines.
19.08.2024
Mobile payments combine convenience with advanced security measures and provide consumers and businesses with a reliable alternative to traditional transactions. Due to this, they are not only one of the key forces transforming the modern financial landscape but also a very promising niche that is projected to grow from $67.5 billion in 2023 to $587 billion by 2030, at a CAGR of over 36%.
15.08.2024
Digital marketplaces currently account for two-thirds of global online shopping volumes and have an impressive influence on the way businesses sell products and consumers make purchases. However, despite their popularity and reach, these eCommerce platforms still have plenty of untapped potential that can be unlocked by addressing some key challenges.
29.07.2024
According to recent research, losses from online payment fraud are forecast to hit $91 billion by 2028. In response to this pressing issue, Mastercard announced its intention to achieve 100% eCommerce tokenization across Europe by 2030.
24.07.2024
In recent years, Australia has seen a significant increase in the adoption of Buy Now, Pay Later products from companies like Afterpay, Klarna, and Zip. In fact, around 40% of Australians used this payment method in the first half of 2024. Due to such rapid growth, the local government started developing new legislation to regulate the actions of BNPL service providers.
09.07.2024
In recent years, many domestic instant payment systems have become capable of handling international transactions. In turn, these advancements have set the stage for significantly faster, cheaper, more accessible, and transparent global payments.
08.07.2024
Modern-day merchants are increasingly facing refund fraud - a dishonest practice, where consumers manipulate return policies to acquire items without payment. Such activity poses a serious threat to companies’ financial situation, inventory management, and customer relationships.
02.07.2024
Thank you for reaching us. Your request has been sent successfully. We will get back to you as soon as possible.
Message was not sent
