July 31, 2019
Payment Innovations: A Journey Through the Evolution of Payments from Yesterday to Tomorrow
So many payment innovations - like paying by smartwatch or fingerprint - have become almost so self-evident today that it is all the more fascinating to look back through the history of innovation in payments and see what we can learn about its likely path in the near future and beyond. As with any great innovation or invention, each stage...
June 24, 2019
Cashless Think Tank #7
The future is cashless – this is what our Wirecard experts regularly report on this blog. But as we also find other perspectives exciting, we have asked various experts with different backgrounds for their insights, experiences and opinions about cashless as part of our “Cashless Think Tank” interview series (click here to read all parts published so far). Today we...
Dennis McNulty: “Going Cashless means More Convenience for Customers and More Sales for Merchants – it’s a Win-Win Situation”
September 29, 2017
Interview: “A good banking solution has to function everywhere from the smartphone”
Christopher Plantener is CEO and co-founder of Kontist, the new banking solution for freelancers that won the “Fintech of the Year” award in Berlin in 2016. He spoke to Leo Molatore about the needs of the new technical generation and why cooperation with Wirecard helped him meet the financial needs of freelancers. Christopher, what is exactly that makes Kontist so technically...
March 9, 2017
These are the Essential
No cash please, we’re American: Learn more about the main trends on the US payment market! The United States with its 320 million inhabitants is not only one of the largest domestic markets, but also possesses the biggest GDP worldwide and as a result has one of the highest purchasing power index per capita. So there are many good reasons...
Payment Trends in the US
January 3, 2017
Malaysia Presents Massive Opportunities for Payments Operators and Retailers
With improvements in card security, strong interest in e-commerce and above 100 per cent mobile phone penetration, the Malaysian payments market is ready to go for rapid development. It can be easy to overlook the Malaysian payments market among its Asia Pacific neighbours. However, the rate of financial inclusion and smartphone penetration are much higher here than in countries like Indonesia and...
August 22, 2016
Here is How Turkey Carries on its Active Role in the Global Payment Market
Characteristics of the payment market in Turkey shows: Payment systems that concern daily life set the basis of big innovations in areas such as retail, food and transportation are paving the road for outstanding developments Radical developments in the field of technology bring digital transformation in almost all sectors. Indeed, finance technologies also go through this revolutionary transformation. Especially the...
April 4, 2016
Online Payments in Germany: Invoicing loses, Pay Pal and Credit Card win
Invoicing is the most popular online payment type in Germany, but as the recent “ECC payment study vol. 20” has revealed, Germans are not as taken with it as they once were. Alternative payment methods such as credit card payments have won ground with consumers Online retailers currently offer their customers an average of 5.3 payment options. This was one...
February 11, 2016
Singapore is on the Way to a Cashless Society – Especially Credit and Cash Cards are popular
Thanks to widespread contactless card acceptance and a high level of mobile readiness, Singapore is close to a cashless society Everyone who ventures into Singapore on the road will notice: it beeps everywhere. Why? Because in Singapore every car and motorcycle driver needs an “In-Vehicle-Unit” (IU) fitted to the windscreen or the handlebars to pay for Electronic Road Pricing (ERP...
February 4, 2016
What will it Mean if Consumers can Only Pay up to 5,000 Euros in Cash?
According to recent media reports, the German government is considering whether consumers should be allowed to pay only sums of up to 5,000 euros in cash. What would this mean for the payment industry? It could be, that in the near future, Germans can no longer pay invoices of more than 5,000 euros in cash. According to recent media reports,...
November 12, 2015
Why Modern Cards are Anything but Traditional
Card payments have become part of everyday life. But did you know, latest technology can bring a lot of new opportunities There’s no getting around it: payment cards are here to stay in day-to-day shopping. Nowadays, consumers don’t think twice about using their bank cards or their credit or debit cards. Credit and debit cards are the favorite means of...