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Why more than demonetisation, GST will push India towards a less-cash economy

By Anand Ramachandran, CFO, TechProcess Payment Services, Ingenico Group

  • Tech trends

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

China’s subway embraces m-payments

Commuters in Guangzhou with UnionPay cards can now pay for their ride via their iPhone or Apple Watch at over 6,000 subway gates.

  • Customer Experience

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