Visa On Tap To Pay, Cash Displacement And B2B Payments
PYMNTS
FEBRUARY 13, 2020
McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Chris Clark, executive vice president and regional president for Asia Pacific, said that cash and check are 48 percent of personal consumption expenditure (PCE) and that equates to $6 trillion.
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