PYMNTS

JANUARY 24, 2020

The country is “one of the most heavily cash-dependent economies in the world” and the government now intends to move consumers away from a traditional reliance on cash and double the cashless payments transactional rates to 40 percent by the year 2027.

Training 140

Training Payments Marketing Retail 140

PYMNTS

FEBRUARY 5, 2019

According to a report in Money Control citing Iyer, the executive expects the online retailing market to see growth of six times to reach 12 percent during the next decade. Around 40 percent of total consumption by 2027 from the current 27 percent will be from the middle class,” Iyer said.

Online 177

Online Marketing Strategy Retail 177

PYMNTS

JULY 16, 2020

High transaction success rates can indicate an efficient payments operation, but keeping them high is no easy feat. This risk is even greater now that the pandemic has upended normal shopping behaviors, driving an increasing number of consumers online to shop and pay, with retailers having experienced a 14.8

Mobile 181

Mobile Payments System Bitcoin 181

PYMNTS

MARCH 27, 2019

Mobile payments are on the rise in Malaysia , bus operator Lynxbus plans to roll out cashless payments in the United Kingdom and Telco M1 plans to help protect mobile phone users from eWallet theft in Singapore with the help of DISA. The government is now aiming to double the rate of cashless payments by 2027 to 40 percent.

Payments 108

Payments Mobile Google Apple 108

CB Insights

JUNE 7, 2021

Marqeta operates on a usage-based business model, meaning that the more customers use its card-issuing technology, the more money it earns. The rapid acceleration of online commerce and shift to digital payments has been a major contributor to Marqeta’s momentum — and it doesn’t show any signs of slowing down.

Cards 73

Cards Innovation Payments Fintech 73