Tags archives: digital-payment

With the world going cashless, the digital payments are making its way to the mainstream mode; card payments holding a huge share in the digital mode. Currently, we use PIN and password to authorize a payment. But these modes are now old profiled compared to the more secured mediums such as fingerprint scan, facial scan, iris scan. Mastercard captured the concern and introduced credit cards with the fingerprint scanner built at the top right. The new biometric cards with fingerprint scanner are no thick in comparison to the old car...
β€œIt was the best of times, it was the worst of times...” This quote from Charles Dickens strikes our mind when we need to sum up the digital payment market. On the brighter side, the way we pay for products and services is changing as everyone migrates to Smartphone apps as a replacement of cash and cards. This creates a demand for mobile payment services. But, some startups have skidded in the gold rush to become the de facto standard for mobile payment. Such evolution is the outcome of omnipresent mobile platforms and ever-conne...