Huge economic benefits of ‘cashless cities’

Greater use of electronic payments could provide benefits of $470 billion across 100 cities included in a new Visa-commissioned study, a gain that is roughly 3% of their combined GDP.

  • Tech trends

Sweden heads towards being a cashless country

Sweden lays claims to be the most cashless country on earth, with coins and notes used in less than a fifth of transactions as everyone and everything from public transport to homeless people switch to card or mobile payments.

  • Customer Experience

In-store mobile-payment volume soars

Researchers expect strong growth for contactless payments in the United States, despite the low adoption figures with American consumers.

  • Customer Experience

3 out of 4 Apple Pay transactions happen outside the U.S.

Only a quarter of Apple Pay transactions come from its native US, according to Apple’s CFO Luca Maestri.

  • Customer Experience

Over 150 million people will use smartphone payments by end of year

The number of people using Apple Pay, Android Pay, Samsung Pay and other forms of smartphone payments will top 150 million by the end of the year, according to figures released by Juniper Research.

  • Customer Experience