Jetzt kontaktieren

Bitte wählen Sie die Option, die Sie am Besten beschreibt, um Ihre Frage an die richtige Stelle weiterzuleiten.

  • Ich möchte mit jemandem über die Account-Registrierung sprechen
    Weiter
  • Ich bin bereits Kunde und benötige Hilfe mit meinem Account
    Weiter
  • Ich möchte Online Bezahlung in mein System oder meinen Shop integrieren
    Weiter
  • Ich bin im Medien-Bereich tätig.
    Weiter

Where next for digital wallets?

Apr 21, 2017

Daniel Kornitzer, looks at digital wallets and how cash is an evolving element in digital payments in the April issue of Payments and Cards Magazine.

Paysafe’s Chief Product Officer, Daniel Kornitzer, looks at digital wallets and how cash is an evolving element in digital payments in the April issue of Payments and Cards Magazine.

The crown is slipping, and cash is losing its kingdom. Thanks to the growth of mobile technology and e-commerce, many people have been writing the obituary for banknotes and hailing the arrival of the cashless society. While there is no final farewell for hard currency in sight — confirmed by a recent Forrester poll in which 53 percent say they still favour traditional coins and banknotes — the future is unquestionably digital and paperless.

Smartphones are helping to drive this new economy, providing connectivity and processing power that is widening the market for contactless payments and digital wallets. And it’s a change that is being reinforced by the millennial generation.

Read Daniel’s article in full here.

Tags:

Recommended Articles

COVID-19: Facilitating the cash consumer in a crisis

Mar 31, 2020 - Many consumers still want to use cash as their main source of payments. But to do so while still adhering to social distancing guidelines means taking cash purchases out of many stores.

Read more

Many consumers still want to use cash as their main source of payments. But to do so while still adhering to social distancing guidelines means taking cash purchases out of many stores.

Read more

Why tackling financial inclusion will be key to the U.S.’ COVID-19 recovery

Mar 29, 2021 - The economic impact of the pandemic has hit many American consumers and businesses hard, and some of those worst affected are the unbanked and their communities. Addressing the issues of financial exclusion must be a priority in the post-COVID-19 recovery.

Read more

The economic impact of the pandemic has hit many American consumers and businesses hard, and some of those worst affected are the unbanked and their communities. Addressing the issues of financial exclusion must be a priority in the post-COVID-19 recovery.

Read more

Are cash payers the future customers of challenger banks?

Mar 03, 2021 - Being dynamic and agile, particularly in the pursuit of better user experience for customers, is a common trait of digital banks. This is key to their competitive advantage when compared to traditional banking. And while cash consumers seem to represent a rather conservative demographic as it relates to financial services, this group is an increasingly attractive target for digital banks, especially during the global pandemic.

  • Robert Albrecht, Head of Paysafecash, eCash
Read more

Being dynamic and agile, particularly in the pursuit of better user experience for customers, is a common trait of digital banks. This is key to their competitive advantage when compared to traditional banking. And while cash consumers seem to represent a rather conservative demographic as it relates to financial services, this group is an increasingly attractive target for digital banks, especially during the global pandemic.

Read more