In 2016, 50 percent of all payments in the UK were made using cards. People seem more willing to use cards over cash due to various reasons. “A growing number of retailers have invested in payment technology to accept cards, contactless payments and new payment applications both online and in store,” said Andrew Cregan, a […]
The Quest to buy a Wallet Consider the following scenario. Your significant other asks you to go to the mall and buy her a new wallet. You browse through the various collections on display, examining the pockets, the size, the folds, the pouches, how many slots for cards, a transparent leaf for the placement of […]
Pretty nifty article on the Mobile Payment players in the world, though a few localized ones are still missing, nonetheless, a well-researched read. In the final hours of 2015, there’s one general observation to be made about the payments industry this year: Mobile drove the payments innovation bus. Source: 2015 Mobile Payments Players Top News […]
Here is what Pakistan vs India E-Commerce spend looks like on a per capita basis. This is for 2013 data. To summarize, the Pakistan ECommerce model for 2013 was: US$ 40 Million in Sales and a population of 190 Million. The Indian equivalent was US$ 14 Billion in sales and a population of 1.252 Billion. […]
Recently I wrote about Pakistan Fintech Start-Up Challenge: A Case For Building Pakistan’s Equivalent Of PayPal. A few of my friends asked me to put out some form of a primer for the product/solution that the challenge would be focused on. Since I don’t have a specific primer on hand, I did decide to publish what I think […]
Came across this article in The Economist on Mobile Money in developing countries. Makes me question how long will Kenya hold on to its lead. Tanzania is catching up fast, and South Asian countries are almost non-existent.
Great graph showing the worldwide market share of some of the largest e-wallets.
This is a slightly dated document, but an excellent resource nonetheless on understanding Global ePayments. The file can be downloaded from here.