Kenya payments: credit cards are yet to gain traction
Kenya is a cash-dominated economy, with cash accounting for 99.6% of overall payment transaction volume in 2020. The low uptake of payment cards is due to consumers’ dependence on cash…
Kenya payments: credit cards are yet to gain traction
Kenya is a cash-dominated economy, with cash accounting for 99.6% of overall payment transaction volume…
Ireland payments: debit cards maintain Irish stranglehold
Despite cash being the preferred method of payments, Irish consumers are gradually shifting towards electronic payments. There has been significant…
Britain’s payment protection insurance (PPI) saga is feeding on Covid
A decade after the riotous PPI scandal, the Covid-19 pandemic is giving new life a feud that never died. Mohamed Dabo reports The Payment protection insurance (PPI) is designed to…
Ireland payments: debit cards maintain Irish stranglehold
Despite cash being the preferred method of payments, Irish consumers are gradually shifting towards electronic payments. There has been significant progress in the adoption of card-based payments, which recorded compound…
Germany payments: girocard drives cards growth
Germany has a strong economy and high levels of financial inclusion, despite German consumers having a strong inclination towards cash for retail payments. The German maxim is “geld stinktnicht” (literally…
Payments technology: the future of agile innovation
Over the past year, anxiety around spreading Covid-19 in public places and through touchpoints, like card machines, has directly led to a huge increase in contactless payments. Alan Irwin, Head…
Tinkoff innovation extends to credit scoring, payment services
The Russian market is not an obvious contender for best-in-class credit scoring but now Tinkoff is set to change all of that with the launch of a cutting edge, AI-powered…
BNPL to double e-commerce market share by 2024
Buy-now-pay-later (BNPL) has plagued the headlines in recent months, with numerous calls for the sector to be regulated. A new report from Worldpay shows that BNPL is set to grow…
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