Recycling is one of the best ways to have a positive impact on the world in which we live. This has become even more relevant in today’s ‘throwaway’ society where electronic gadgets are quickly discarded when newer, more attractive products come to market.
Last month, Ingenico launched a new series of articles, called Perspectives, looking at the expectations of different sectors from their payment experience. We started by considering the “payments menu” for the HORECA segment. Now, Christian Bwakira, Managing Director for Middle East & Africa, looks at an unpredictable and interesting slice of retail: the world of SMALL SHOPS…
When we think about financial inclusion, it’s tempting to associate it with poorer populations in emerging countries where cash is still the driver for a high percentage of transactions. Even though 43% of sub-Saharan Africans have an account at a bank or with a mobile money service provider(1), the vast majority of purchases are still completed using cash. In Nigeria, for example, the rate is 95%.
Open Banking, the UK’s implementation of Europe’s Second Payment Services Directive (PSD2), has had something of a slow start, with limited adoption, then COVID-19 and Brexit hitting but the principles behind it are solid. Its fundamental changes to how banks handle financial information mean that banks can now share the kind of information that you would see on an account statement with authorised providers – with a client’s permission of course – and add a host of security, scalability and flexibility features that open up the possibility for new revenue streams for merchants.
PayGlobe is an Italian company specialising in solutions for the management of payments and integration of loyalty and CRM through a multi-acquiring system. Ingenico, a Worldline brand, is the largest European player in payment services. Working together, both companies leveraged their payments expertise to support the needs of Mondo Convenienza stores, a leading Italian chain of large-scale distribution of furniture and furnishing accessories.
Ingenico, a Worldline brand, strengthens its leadership position in the mobile POS market with the certification of its PIN-on-Mobile solution, complementing the Moby product line. Ingenico is part of Worldline since October, 2020.