On Thursday, Mercari Inc, a fleamarket app operator stated, it has decided to acquire QR code payment app operator Origami for an undisclosed sum. The deal marks the latest consolidation in the industry even as cashless payments take off in… Read More ›
In November of 2016 the Indian prime minister, Narendra Modi, announced that all 500 rupee and 1000-rupee bank notes would be cancelled immediately. The government said that this was to tackle ‘black money’, illegal, untaxed funds that were held largely… Read More ›
Two of the biggest card networks in the U.S. are scheduled to hike card processing fees. The move comes at a time when there is growing push towards a cashless economy. The Wall Street Journal has reported citing sources familiar… Read More ›
Experts are reacting to the unprecedented rise in cybercrime, to verify whether the promises of furthered security are on the level, in our current world where cash operations have yielded much of their place to e-wallet payments. Despite the appearance… Read More ›
It seems Visa has become tired of waiting. After years of slow but steady decline of cash payments, and more years of lobbying to get governments to end the circulation of cash to no avail, Visa has decided to change… Read More ›
The geopolitics of means is just becoming more real. As countries go cashless, the masses see their economic freedom diminish, their transactions being monitored, tracked and controlled. For most government, the public reason behind getting rid of cash is ‘security’,… Read More ›
In an increasingly digital world, with the countries around the world opting for a cashless economy, these cyberattacks go to highlight the vulnerabilities of the global financial network and the urgent need to harden and strengthen them. While going cashless… Read More ›
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