Mastercard’s Zahir Khoja on the Trends “Working in Our Favor”

According to Mastercard’s Zahir Khoja, 85% of transactions globally are still made in cash, representing an enormous opportunity for payments providers to grow digital acceptance. Presenting at PF WORLD 2018, Khoja told the audience that, while the number of cash transactions looms large, market trends are helping providers move many of those merchants toward digital payments with a focus on the experience it provides for consumers.

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Mastercard Targets Cambodia for QR

Mastercard has announced plans to enhance QR code offerings in Cambodia via a partnership with Wing Limited Specialised Bank (Wing). Together, the two aim to offer greater convenience through secure digital alternatives.

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Stripe Targets the Middle Man With Stripe Issuing

With so many online apps touting convenience as a benefit driver, one merely has to unlock their home screen to have their favorite restaurant deliver food right to their doorstep. And this is just the type of business model that Stripe is targeting with Stripe Issuing.

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Frictionless Underwriting: Worth the Risk?

While controlling access to the payments system is critical, the legacy system in place to do so was overkill for many players. To accept electronic payments, even the smallest merchant had to complete the same applications and undergo the same scrutiny as the big guys. Enter frictionless underwriting.

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