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Expert View
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Despite fewer merchants adopting point-of-sale terminals to process transactions and a rapidly expanding ATM network, Brazil's consumers are embracing cashless payments at an ever-increasing rate. Businesses operating in Brazil would be well advised to embrace the latest payment technology to exploit both its popularity and added security.
Published By Datamonitor
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23 Nov 2011 |
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Expert View
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A number of recent announcements suggest that Nigeria is set for a mobile banking boom, with several banks looking to secure a share of previously unbanked or underbanked consumers. The latest announcements from First Bank and Standard Chartered suggest that the popularity of mobile banking in Africa is spreading beyond Kenya.
Published By Datamonitor
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21 Feb 2012 |
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Expert View
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ABSA and Bank of America have both recently launched mobile POS services allowing small business customers to accept card payments using a smartphone. These rollouts in two very different markets highlight the growing popularity of mobile POS devices. Datamonitor research suggests that the opportunities for mobile POS are strongest in developing countries.
Published By Datamonitor
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17 Dec 2012 |
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Expert View
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The growth in online commerce is creating opportunities for fraudsters and this in turn calls for a new type of cooperation between consumers, merchants, and card-issuing banks. For banks, this means that educating the customer and the merchant is becoming as important as directly targeting compromised accounts, particularly given the magnitude of recent security breaches in the industry.
Published By Datamonitor
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16 Aug 2011 |
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