For a very long time in many European countries, traditional bank transfers were the only choice to pay or use Person-To-Person payments (P2P payments). These types of transfers took a few days to reach the accounts of the payees. In order to challenge this traditional system (SEPA Credit Transfer for…
Le développement d’Internet et des nouvelles technologies a changé les habitudes des individus. Auparavant, les individus utilisaient divers outils dans leur vie quotidienne comme le réveil, l’horloge, l’appareil photo, l’agenda, le téléphone ou la calculatrice. Désormais tous ces objets du quotidien ont été convertis en fonctionnalités et réunis dans un…
The impact of the Internet on E-Commerce The Internet and e-commerce will never be independent but combining them as a tool which leads the transformation and innovation in traditionals industries. More and more businesses will use the Internet for e-commerce, Internet will be fully integrated into the operation and management…
In September, Google entered into the Indian payment space by releasing it’s new application called « Tez », which means « fast » in Indian. Google decided to attack the Asian payment market, where mobiles aren’t as developped as in our countries, where the NFC technology is the norm. The application wants to…
After raising over $ 55 million and cooperating an decent cooperation gained with the world's largest banks, Ripple is aiming to transform the international bank exchange. The decision of the American start-up Ripple to move to the banking sector was crucial to its development considering that it was initially…
Before November 2017, payment processing actors must ensure that people can transfer money in few seconds instead of several days today. Indeed, the implementation of instant payments will permit instantaneous money transfers, 24 hours a day and 7 days a week, notably thanks to the mobile number. …