Payment methods: the revolution is in the 15%

Payment methods: the revolution is in the 15%

There is a symbiotic relationship between payment methods and economic activity: the evolution of means of payment has historically favoured economic development, and similarly, the evolution of economic activity has led to the modernisation of means of payment.

Cash is the most popular means of payment worldwide, used in 85% of all transactions. However, despite the overwhelming prevalence of cash as a payment method, it is slowly declining. And that 15% of non-cash transactions (9.1% credit/debit cards and 4.6% direct debits/bank transfers) is where a disruption is now occurring which will affect the entire means of payment system.

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21/08/2018

GDPR: What is it and how does it affect us?

GDPR: What is it and how does it affect us?

According to the Charter of Fundamental Rights of the European Union, the protection of natural persons with regard to the processing of personal data is a fundamental right. However, rapid technological change and globalisation have posed new challenges in this area. The scale of the collection and exchange of personal data has increased significantly, and technology now enables both private companies and public authorities to use personal data on an unprecedented scale in carrying on their activities. At the same time, awareness of personal information is growing, and there is clearly a growing concern for security, privacy and the protection of personal data.

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10/08/2018