Why Mobile Wallets Are Overtaking Credit Cards
Credit cards are still a popular cashless payment today, since it was invented way back in the 1950s. It is still one of the popular payment choices globally, because of all the measures it has to protect consumers. However, only 10% of all global consumers own a credit card. This is partly due to strict […]
Should You Simplify Or Diversify Your Digital Payment Options?
One thing for sure is that the pandemic has catalysed behaviour change all over the world. In just a year, consumers and businesses have adapted their everyday habits to the new normal, including where they shop and how they pay. As huge numbers of consumers shifted their purchasing habits to the internet during the pandemic, […]
How One Key Technology Can Potentially Change Digital Payments
When it comes to payment transactions, the rapid digitizing of the financial sector is making payments faster and more convenient than ever. However, security is always on the top of people’s minds – especially in the digital payments space. Financial services companies have always implemented various security measures to prevent fraudulent activities. For example, banks offering over-the-counter […]
Why are e-Wallets More Popular In Emerging Markets?
Digital wallet, e-wallet, mobile wallet, they all refer to the same thing – instead of carrying cash or cards, users store their payment information on a device, online service, or software that they can use to make transactions with a merchant. While the trend of cashless payment is growing rapidly today, especially in the past […]
Top 3 Reasons Why DCB Is The Best Payment Method For The Digital Economy
Did you know that for many people in the world, it is easier to get a cellphone signal than banking service? There are over 6 billion smartphone subscriptions worldwide today and this number is expected to grow to over 7.5 billion by 2026. In tandem with this trend, some experts expect the global market revenue […]
Direct Carrier Billing Is Reshaping The Digital Economy
Mobile phones is so common in society today, that you can see people from all levels of society holding a smart device.
How Telcos and OTTs can scale their businesses with DCB
GET IN TOUCH Consumers today expect nothing less than absolute convenience. Companies are doing their best to provide the best user experience, with almost every digital service now being made accessible with just a few taps on smartphone screens. However, when it comes to the purchase experience, the smooth and seamless user experience ususally hits […]
Top 5 Things Consumers Are Paying For with Direct Carrier Billing
Businesses are finally beginning to realise the many benefits of direct carrier billing (DCB) and how it is ideal for a growing number of services being made accessible from the mobile phone, from dating to parking, transport and even education. Digital content and services are leading the payment revolution. According to Juniper Research, the total […]
E-Wallet Technologies: The Future of Payment Systems
E-wallets are undoubtedly the future of payment methods as the world continue to transition from cash to digital payment methods.
How Telcos and E-Wallets Can Synergise to Unlock New Opportunities
Despite 97% of the world’s population having access to mobile cellular signals, the mobile industry is stagnating. GSMA intelligence predicts that global mobile revenues will stabilise at USD 1.1 trillion beyond 2020. McKinsey projected that Compound Annual Growth Rate (CAGR) would only be 0.7% for 2020. Why is this so? Telcos around the world are […]
