Digital payments have become the dominant method for retail transactions in Pakistan, with 88% of the transactions now conducted through digital channels such as mobile banking apps, BB wallets, and e-money wallets. The State Bank of Pakistan (SBP) reported a significant rise in digital payments, with 1,450 million transactions amounting to Rs. 24 trillion, indicating a 12% increase in volume
Solana (SOL), the sixth-largest digital asset, finds itself at a crucial juncture with potential for a significant price decline. Despite strong social media optimism surrounding this asset, technical indicators point towards a possible 16% price drop. Notably, crypto market analyst Ali Martinez has identified $125 as a key support level for SOL. If this level is breached, further declines are
International visitors can now enjoy hassle-free, cashless transactions across Thailand with TAGTHAi EASY PAY, a new e-wallet designed for convenience and security. Developed by TAGTHAi in collaboration with Kasikorn Bank, this digital payment solution enables tourists to make payments easily using Thai QR Payment at thousands of locations nationwide. This advancement signifies a notable shift toward digital and cashless solutions
In modern wealth management, staying relevant and meeting client expectations poses a significant challenge. Wealth advisors are grappling with rapidly changing demands, where clients now expect highly tailored insights, immediate responses, and continuous availability, especially during periods of financial uncertainty. According to recent research by LSEG, 68% of clients value a comprehensive view of their assets and liabilities, while 33%
As Tap to Pay technology continues to gain momentum, businesses and consumers alike are beginning to experience its benefits. This rapidly evolving payment method allows merchants to process digital wallet transactions directly through iPhones, potentially disrupting traditional Point of Sale (POS) systems. The shift toward this new technology prompts questions about whether it could eventually replace established POS systems entirely.
Cryptocurrency has rapidly become a mainstream investment option, with enthusiasts and investors alike being drawn to its decentralized nature and potential for exceptional returns. Unfortunately, as digital currency adoption continues to rise, so too does the prevalence of sophisticated scams targeting unwary investors and traders. Fraudsters are continually evolving their tactics, exploiting a variety of trusted platforms to deceive their
Recent claims on social media suggesting that Norway and Sweden are reverting to a cash-based economy from digital transactions are erroneous. These misconceptions stem from the Scandinavian countries’ advice for their citizens to maintain cash reserves as a preparedness measure for potential digital banking crises, rather than a complete shift away from electronic payments. The primary concern revolves around the
Dogecoin, the cryptocurrency that started as a joke, continues to surprise the market with its resilience and popularity. Recently, Dogecoin experienced a 5% price jump, thanks to an announcement from the Dogecoin Foundation. The Foundation unveiled the establishment of the “Official Dogecoin Reserve,” a strategic initiative aimed at bolstering the stability and institutional appeal of the cryptocurrency. This move involves
The recent performance of Ripple’s cryptocurrency, XRP, has shown a significant upward trend. With its price rising by 3% to $2.48 and a 66% increase in daily trading volumes to $2.9 billion, XRP is gaining momentum. From its low of $1.90 in March, XRP has rebounded over 31%, hinting at potential further gains with targets aimed at $3 and beyond.
In recent years, the financial strain on individuals has become increasingly apparent, particularly among younger adults, families with children, and those from lower-income households. This pressure has far-reaching consequences, affecting mental health and overall well-being. Debt Awareness Week sheds light on the fact that approximately 15% of the UK population, or about 8 million people, require debt advice due to
The realm of cross-border payments has long been plagued by inefficiencies, delays, and high costs that impede global trade and financial transactions. In an era where seamless and instantaneous transactions are vital for businesses operating on an international scale, RTGS.global and TransferMate have forged a significant partnership to address and resolve these longstanding issues. This collaboration aims to streamline and
New research from leading financial technology provider payabl. indicates that UK shoppers are more prone than their European counterparts to abandon online shopping baskets due to a poor checkout experience. The study sheds light on the attitudes and behaviors of consumers in the UK, Germany, and the Netherlands, uncovering key insights into their shopping habits and preferences. With a focus
