Tag "cashless payments"
New SNB Study Reveals Critical Role of Card Schemes and Banks in the Contactless Payment Usage
Financial intermediaries, including card schemes and issuing banks, are playing a critical role in the use and promotion of new payment methods in Switzerland. A 2023 research by the Swiss National Bank (SNB) revealed that the rules and standards set
Read MoreSwitzerland Has The Highest Contactless Payment Limit In Europe
Switzerland’s contactless payment limit stands at CHF 80 (approximately GBP 63) – the highest in Europe, a new study has found. Approximately two-thirds of the Swiss population currently owns a credit card but the country still lags far behind on the list
Read MoreCOVID-19 Fuels Global E-Commerce and Digital Payments
E-commerce platforms and digital payment services providers are enjoying explosive growth on the back of social distancing requirements put in place in response to the COVID-19 pandemic, according to a new report by PPRO, a London-based business focused on cross-border
Read More