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
Digitalization 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
1 Federal Reserve Report: Economic Well-Being of U.S. Households in 2019, 2Ibid 3Source: 2019 Federal Reserve Reprot “Diary of consumer Payment Choice“ 4Source: 2010 Unisys Report 2020
In April 2020 Latvia joined the group of 26 countries offering Paysafecash as a convenient online payment method for cash-based buyers.
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
Die zusätzlichen Möglichkeiten, Rechnungen von Versorgungsunternehmen Online zu zahlen, sind für Versorgungsunternehmen und ihre Kunden gleichermaßen vorteilhaft. Ein solches Angebot stärkt die
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
Open your financial services for cash-savvy customers Get in touchOpen your financial services for cash-savvy customers Get in touch24/7 cash paymentschargebacks or monthly costsThousands
Reduce Costs Reduction of operational costs through 24/7 payment options with cash.Cash Deposits Customers have the opportunity to deposit into their bank account or digital wallet with cash 24/7
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
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