Bitcoin Liberation: Reject the Plastic Card and Embrace Innovation
Consumers do not want to use plastic money, and are enthusiastic about innovation. Technology and globalization are propelling a huge shift in consumer behavior. Consumers demand more digitalization in all areas of their life while protecting security and privacy, a Mastercard study found. Coincidentally, this phenomenon converges with the increasing use....
Related News
Plastic cards are often considered to be the next evolutionary step in the world of payments. More and more countries are moving away from cash transactions whenever possible, and it only seems to make sense for plastic cards to take their place. However, there are still a fair few drawbacks to plastic cards, and the PNC issue highlights what happens when cards are not working. Imagine standing in line at the counter, waiting to pay with your PNC Bank Card, and getting the message how your card can not be used at this time. That is the feeling many PNC Bank customers are experiencing....
Bringing additional security to the payment sector is a tough battle as there are so many hurdles to overcome, especially when it comes to plastic cards. The introduction of EMV chips to plastic cards seemed to be a major step in the right direction, but as it turns out, EMV transactions can be disabled, forcing merchants to swipe the card. The....
It is no secret how consumers are looking for more convenient and mobile payment solutions these days. Alternative methods – such as digital wallets – are slowly overtaking plastic cards as a popular way to buy goods and services online. A recent study conducted by WorldPay shows how more than half of the global e-commerce transactions are coming from non-traditional card payments. Over the course of the next few years, more and more customers will start paying with alternative payment methods rather than using plastic cards. WorldPay statistics expect the number of card payments to fill....
U.S. presidential candidate Kanye West professed his respect for bitcoiners during a podcast interview with Joe Rogan. He says bitcoiners “really have a perspective on what the true liberation of America and humanity will be.” Kanye West and Bitcoin Kanye West is one of the world’s best-selling musicians, having sold over 140 million records worldwide. He announced in July that he is running for President of the United States this year. In a podcast interview with Joe Rogan, published on Saturday, West confirmed that he is still in the running. “There’s a....
“We can hold on to the way it’s always been done, or we can drive innovation. We have to be willing to embrace the future.”