Financial experts and economists will agree that ever since its introduction back in 2009, Bitcoins have revolutionized the way payments are made.
Frequent travelers might have noticed that majority of the hotels overact across the world use cards with magnetic strips as keys. A major reason for this is that these cards are easy to issue and don’t cost a lot. However,
These are some of the ways which can be used to simplify the payment collection process:
Smartphones are a relatively new entry into the tech community. When compared with laptops and home computers, they’ve only been around for a couple of years. This is also the reason why the payment system is not as secure as
Here are some of the ways which retailers can follow to make mobile payments more secure for their customers:
A decade ago, if we had told someone they could book their plane and movie tickets online, pay bills online, or transfer money online, they would have laughed at the absurd idea. Welcome to the world of digital payments! According
Intelligent vending machines allow cashless payments. Here are some of the benefits of having an intelligent vending machine.
Heard of Denmark? Sure, it’s a beautiful country but that’s not the reason we are talking about it. Denmark is also one of the few countries to have adopted a cashless economic system. In fact, just a few years back,
Back in 2017, there were more than 14 billion cashless transactions in the United States. The numbers are higher in countries like China and India where people have started moving towards cashless payments. Why is that the case? What makes cashless
Unlike people in China, Americans have shown reluctance to adopt cashless payments. Why is that the case? A major reason for this is security. People are not sure that their confidential data will stay secure. The good news is that