Robert, in June we celebrated diversity and inclusion in our private and professional lives. What do those terms mean to you? Robert Albrecht: Being born and raised in Eastern Germany, growing up
Dark side of the eCommerce boom Poundworld. House of Fraser. Bench. These are just three high-profile retail brands in the UK that have gone into administration in 2018. It’s no secret that brick
The World Bank's Financial Inclusion Global Initiative, for instance, supported reforms in countries with low bank account penetration, with the goal of achieving universal access.
COVID-19 has been the catalyst for societal change, not only in our private lives through lockdowns, home-schooling and homeworking. The impact on businesses has also been seismic; with rapidly
Financial inclusion has occupied the headlines for years. Its importance cannot be understated, so much so that it is contained in at least three out of 17 Sustainable Development Goals the United
Digitalisation has been an unstoppable process for many years, and everything points at its further acceleration. This is a good prognosis for many industries, especially financial services and
In April 2020 Latvia joined the group of 26 countries offering Paysafecash as a convenient online payment method for cash-based buyers.
Paysafecash Press ReleasesRewire partners with Paysafe to drive financial inclusion for migrants through cash management Vienna, Austria, April 26, 2022 Read moreAircash partners with Paysafe
Jan Marc, in one of your recent articles on the Paysafecash Blog you make the following statement: “COVID-19 has been the catalyst of rapid digital transformation for businesses and consumers. Many
For consumers and utility companies, increasing the number of ways to pay a utility bill online offers a mutual benefit. Meeting consumer expectations for alternative payments and providing a more
But this trend isn’t limited to banking, although the growth of digital-only banks is one of the most obvious indicators of the shift away from business models where financial services are sold and
And as we have already discussed in previous articles, there are reasons why digitalisation needs to be addressed in the right way. Clearly one of the most significant of these is financial
Scan & pay The customer has the barcode scanned by the salesperson in the payment point and pays the open amount – done.Paysafecash™brings cash online GET IN TOUCHFind payment point The
This holds true regardless of how secure, convenient, or widely accepted cashless payments are. If anything, a recent study found that, in countries where cashless payments are commonplace, people
In 2019 there were 276 million registered vehicles in the USA, a country with a population of almost 330 million people. The percentage of Americans that own private vehicles, particularly outside
Asked about shopping online, 53% of Bulgarian people say they would buy more on the Internet if it was safer. 56% of them admit they would like to pay with cash if they had this opportunity.2
A bottoming out of the cashless trend For the past several years, the prevailing narrative has been the growth of “cashless societies”, and in some countries this has been supported by a decline
Deconstructing the cashless myth Of course, there is no denying that data shows the growth of contactless payments and the effect that is having on cash. For example, in the UK, which has one of
The value of eCommerce is growing rapidly and shopping habits are changing at the same pace, yet the needs and expectations for payments remain surprisingly stable. In addition to the variety of
Across the US, access to physical stores has been substantially disrupted in 2020. During the first half of the year, many states asked stores to close in order to reduce the spread of COVID-19,