Mastercard Payment Index: More Consumers in Three African Countries Plan to U...
According to a recent Mastercard payment index report, the Covid-19 related lockdowns helped spread the use of cryptocurrency in three African countries, namely Nigeria, Kenya, and South Africa. The report also reveals that a greater number of consumers from these countries are “likely to use one emerging payment method in the coming year.” More Respondents Planning to Pay With Cryptos in the Upcoming Year In fact, according to findings of a survey conducted between February 26 and March 10, 2021, a significant number of the respondents from these countries plan to use....
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Global payments giant Mastercard has conducted a survey of 15,569 consumers in 18 countries and found that 4 in 10 people plan to use cryptocurrency in the next year. Meanwhile, 93% of people will consider using at least one emerging payment method, such as cryptocurrency. Mastercard’s Crypto Survey Mastercard published on Tuesday the results of a survey it conducted online of 15,569 consumers in 18 countries in four regions worldwide between Feb. 26 and March 10. The research was conducted by The Harris Poll and Mastercard Global Foresights, Insights, and Analytics. The company....
A new continent-wide payment system that seeks to strengthen African fiat currencies, as well as to boost intra-Africa trade, recently went live. Discussions about onboarding more African countries are still ongoing. SMEs the Main Beneficiaries of the Payment System A new African payment system, the Pan-African Payment and Settlement System (PAPSS), recently went live in Ghana, setting the stage for its rollout across the continent. The payment system seeks to strengthen African fiat currencies as well as to boost intra-Africa trade. The payment system — the brainchild of the....
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....
According to a survey conducted by credit card giant Mastercard, four out of ten people expect to use cryptocurrencies for payments in the coming year. 93% Will Consider Using Emerging Payment Methods Between February 26 and March 10, Mastercard conducted an online survey and interviews with 15,569 consumers in 18 countries across four regions around […]
Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said.
First Crypto-Linked Mastercards in Asia-Pacific Region
Mastercard announced Monday that it has partnered with three crypto service providers across the Asia-Pacific region “to launch the region’s first crypto-linked payment....