Ingenico Experts / Shaping the future of payment
Ingenico Experts / Shaping the future of payment
On 11th March 2020, the World Health Organization (WHO) declared the COVID-19 outbreak a pandemic. At the time of writing, hundreds of thousands of lives and businesses have been affected. With multiple countries issuing bans on travel across borders and ordering shutdowns of cities and towns, many businesses are seeing the virus take its toll.
By Sunith Menon, Managing Director Ingenico India
Apple’s new iPhone X offers some tantalizing possibilities for the payment and retail industries.
An exhaustive study by a United Nations predicts online, mobile and digital currency payment methods will overtake credit and debit cards as the most popular ways to pay for e-commerce transactions by 2019.
Asia Pacific’s e-commerce sector, expanding at 12% annually, will be worth US$2.1 trillion by 2021.
China and India will lead growth in non-cash payments in Asia, which will increase by 31% by 2020.