Cashless Society news and trends

Sweden’s Cashless Drive Hits A Speed Bump
Digital Payments // November 22, 2018

In Sweden, the move to a cashless society has been marked by a quickened pace. Might there be speed bumps ahead, though? The New York Times said cash is being left by the wayside, in favor of digital payments, so quickly that the government is reportedly...

Tappy Teams With Etisalat For Wearables; Nets Rolls Out PayCollect For Merchants
Global Payments // October 15, 2018

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Singapore’s Nets PayCollect rollout. In addition, Xero is working with GoCardless in New Zealand on payment collection, and Tappy Technologies is teaming up with Etisalat for wearable payments in the UAE....

Some Swedes Contend Cashless Society Puts The Country At Risk
Digital Payments // April 04, 2018

While most Swedes have embraced the movement toward a cashless society, there is a growing number who are worried about the rush, with concerns being raised by some regulators in the country. According to a report in The Guardian, in February the head of the...

Indonesian FinTech Launches App For Individual SME Investors
B2B Payments // July 24, 2017

An Indonesia-based alternative lender is turning to the mobile device to attract small business investors. Reports Friday (July 21) said Mitrausahua Indonesia Group, which operates a peer-to-peer lending platform, has launched a mobile app for individual investors of small businesses. The solution means individuals are...

Quick Reads
Alipay and WeChat Pay Add Links to Visa and Mastercard

July 21, 2023
Visitors to China can now link their Visa and Mastercard accounts to the country’s most popular mobile payment applications, Alipay and WeChat Pay. Ant Group, the operator of Alipay, said Friday (July 21) that overseas users of the platform can now link Visa, MasterCard, Diners Club and Discover cards to their mobile wallets, CNN reported Friday. Tencent, the owner of WeChat, which is known […]

Sweden’s Cashless Drive Hits A Speed Bump

November 22, 2018
In Sweden, the move to a cashless society has been marked by a quickened pace. Might there be speed bumps ahead, though? The New York Times said cash is being left...

Some Swedes Contend Cashless Society Puts The Country At Risk

April 04, 2018
While most Swedes have embraced the movement toward a cashless society, there is a growing number who are worried about the rush, with concerns being raised by some regulators in...

Today In Data: Visa Automated Tolls Could Save Billions For India

May 16, 2017
Jumping on the bandwagon of quick and easy mobile payments, Visa is slated to launch an open-loop contactless payment system at highway toll plazas across India, furthering the Reserve Bank...