Cashless

cashless society

Pros and Cons of a Cashless Society: Are Digital Payments Taking Over?

In today’s fast-paced world, digital technology has revolutionized the way we handle our finances. The rise of cashless transactions and digital payments has sparked a significant debate about the pros and cons of a cashless society. While the convenience and efficiency of digital payments have undeniably transformed the way we conduct our daily financial transactions, […]

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MasterCard Takes Contactless Payments to the Cloud

MasterCard Takes Contactless Payments to the Cloud

The past few months, especially since the pandemic outbreak, saw rapid development in contactless payments. The rising need to accept or adopt cashless or contactless payment modes was mainly in response to preventing the spread of coronavirus. Nowadays, more advanced and smarter technologies are being deployed across several mobile devices, mostly due to factors like

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Should my Business Adopt Contactless Payments? [2023 Update]

A Guide To Contactless Payments What are contactless payments, and how do they work? Are they completely safe, and should you opt for the convenience of contactless payments? Over the years, technology has changed, and it has brought innovations in the way we conduct business and also in the way we many things. One of

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Merchant Services and Payments Impacted by COVID19 [2023 Update]

The COVID-19 pandemic and the resulting stay-at-home orders across the globe and country during the past few months has led to a significant reduction in both the number of merchant services transactions and dollar sales in our country. With predictions of a global decline in GDP, there are few bright spots in the economic fallout.

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The Rise of Contactless Payments and NFC Amidst the COVID19 Pandemic

How has COVID-19 Changed the Way Consumers Spend Money? So much has changed in the face of COVID-19, including how consumers pay. Already, small businesses have seen a 27% increase in the use of contactless payment versus prior to COVID-19. Businesses that didn’t accept payments like Apple Pay before are also quickly adapting to keep

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