Disadvantages No 1: Scalability Probably the biggest concerns with cryptocurrencies are the troubles with scaling that are posed. While the quantity of digital coins and adoption is growing rapidly, it is still dwarfed through the range of transactions that payment giant, VISA, processes each day. Additionally, the pace of a

The payments industry has recently seen the entry of diverse FinTech players, both technology giants like Facebook and start-ups that are presenting increased competition for banks, processors and networks. While start-ups have generally not been a major threat to the payments industry in the past, the prominence of smartphones as

What is dApp? A dApps (decentralized application), is just like any other software application. It’s that runs on a distributed network. It’s not hosted on a centralized server, but instead on a peer-to-peer decentralized network. It could be a website or an app on your phone. What makes a dApps

The pandemic will continue to shake up B2B payments, especially for smaller firms — and there’s no turning back. In an interview with PYMNTS, Steven Boyer, CEO of BluePenguin Payments, said modernizing payments and improving corporate back-office functions is helping to shape a “new normal” for B2B interactions, especially across AP. In

E-wallet, Credit Card and Debit Card are cashless payment. But what is the difference between them? Credit Cards Allows you to pay merchant for goods and services by borrowed money from a bank and only pay at the end of every month. Either you pay all of the money spent

How digital payments can help China cope with pandemics. Digital payments allow people to access goods and services while in quarantine or social distancing. SARS epidemic in 2003 expedited China’s path in launching digital payments and e-commerce in the country. A robust identification system, widespread, consistent internet access and trustworthy ways