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

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Switzerland 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

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COVID-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

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