Demonetization is the first nail in the coffin for cash in India. UPI 1.0 is the second nail in the coffin for cash in India, making transactions much more accessible with everyone’s mobile becoming their wallet. Besides, merchants grabbed UPI with both hands as...
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EMV standards have helped reduce fraudulent transactions considerably, but this has forced fraudsters to move to the online world. In the year 2016, fraud in the online space has increased 30% [Source: Radial’s eCommerce Fraud Technology Lab]. Also, in the first quarter of 2017,...
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Expanding global middle class, rapid urbanization, rising literacy rates and the associated spending power is what is going to drive the digital transformation in the emerging markets. The tech-savvy young population will lead this shift in digital transformation and everyone in the payment ecosystem...
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