Cashless society
38 percent of all daily transactions are paid with cards
The new MasterIndex Serbia research showing that in one year only, the number of payment card users has increased by 6 percent, from 32 to 38 percent.
Survey shows pandemic makes cashless payment more popular in Central Europe
Ljubljana – Consumers in five Central European countries, including Slovenia, have been using cashless forms of payment more often since the start of the Covid pandemic. Electronic payment is the most popular in Slovenia, where the majority of the surveyed residents would oblige retailers to offer at least one form of cashless payment.
Sparkasse acquires issuer of Diners Club cards in Slovenia
Ljubljana – The Slovenian branch of Sparkasse bank has acquired Erste Card, which has exclusive rights for issuing Diners Club cards in Slovenia, from the Croatian Erste Card Club. The contract was signed on Friday and still needs regulatory approval.
Sparkasse and Erste Card have been cooperating for years in offering personal and business Diners Club cards to Sparkasse clients.
Increase in Bank Charges in Bulgaria
Bank charges in Bulgaria have increased significantly in the past 12 months. Using money in cash in a bank branch, or drawing cash from ATMs is most expensive, warned business consultant Stefan Hristov. If people want to save costs, they should switch over to cashless payments, said Stefan Hristov in an interview for the Bulgarian National Radio.
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India Post Payments Bank Launches its Digital Payments' Services DakPay
The Department of Posts (DoP) and India Post Payments Bank (IPPB) have virtually unveiled a new digital payment app 'DakPay', an official statement said here on Tuesday.
Alipay is Now Available for Visitors and Tourists in China
Visitors to China can now access the country's massive cashless economy, CNN reported. They will now be able to use mobile payments in mainland China, the largest company in the Alipay sector, owned by giant Alibaba, said on Tuesday.
Bulgarians Are Paying with Their Phones More Often Even for Smaller Amounts
5 years ago, Bulgarians were paying mostly by card for items of higher value such as black and white goods. Last year, the focus clearly shifted to smaller daily payments, according to data from the Bulgarian digital phyre wallet.