How Mindgate’s QR Code Payment System Is Giving More Power To The Fintech Industry
The pandemic has brought us into a situation where social distancing is the key to staying healthy. In times like these, it is very important to avoid contact and thus has accelerated the rise of digital payments everywhere. With the penetration of smartphones and super-speed internet connectivity, the Reserve Bank of India has started promoting […]
Re-thinking Payments in the wake of the pandemic
Data reveals that although the credit cards market leads the show, the growing demand for mobile wallets is likely to enter the fray. Surprisingly, the user base aren’t only the millennials or the Gen Y. With the pandemic spreading its wings, contactless payments have become the new normal. As first-time users for contactless payments keep […]
Social media payments, a friend or foe?
Social media, like any other innovation, is likely to go through a refinement period, which seems like a never-ending process of updates and improvements. Despite its substantial list of pros and cons, social media sites and apps have been here for more than a decade and their footprints are both profound and undeniable in today’s […]
The global acquiring landscape redefined
Fintech start-ups are known for being agile and efficient and they now have their eyes on the banks’ revenue sweet spot. These new entrants, have a well-established online presence, they are targeting merchant services and managing to hold on to them through mobile access.To stave off this threat, banks need to work with merchants to […]
Overcoming anxiety around mobile payments and digital payments – In the South Asia Pacific
Innovation and technology usually go hand in hand. Therefore, for innovation to be fully realized, the technology that enables the innovation must be adopted as well.
Top 5 Digital Banking Myths: Community Banks Need to Abandon
Digital payments are already here, whether we are ready for it or not. With every passing day, there are FinTech companies continually pushing the digital payment envelope.
How to help your customers eliminate the ‘Go to the Bank’ from their to-do list
When most people think about the term “Bank” they probably envision a retail branch with long queues, behind a rope waiting to seek the services of a teller or branch representative. Well those days are becoming more and more obsolete, as Gen Y and Millennials are seeking convenient, innovative, digital means of banking. Banks need […]
Your customers have adopted digital payments. Have you?
From being a cash-oriented economy, India has transformed its payment sector to a large extent. The boom in digital payments is attributed to various factors like smartphone penetration and progressive regulatory policies. Especially after the Government of India passed the Demonetization Act in 2016, both the urban and rural population have adopted digital payment solutions […]
Future Banking – Taking a Peek
The future of banking will be so much more than just banking. It will go beyond digital offerings such as real time payments, checking balances, paying bills and making mobile check deposits. The future banks will be data houses that will utilize a customer’s data to weave a financial and personal information avatar of each […]
Mobile Wallets – The New Way to Transact
Gone are the days when the core purpose of a wallet was to hold your cash and cards apart from stuff like a license or a random bill paper. With the advent of digital wallets, the physical wallet is now boiling down to being mainly a fashion accessory. In case you are still wondering what […]
