Viewpoints

When it comes to usability in the payments industry, customer experience and security always seem to be at loggerheads with one another.

Digital innovation around the world has revolutionised the way the average person makes payments. It’s not just about cash and cards anymore.

Compass Plus' response to COVID-19

Igor Simonov, AVP, Business Development & Sales Manager, APAC, addresses the necessity for financial institutions in Asia Pacific to reconsider their fraud management strategy.

In 1993, world renowned Fintech disruptors, the Wu-Tang Clan, famously proclaimed “Cash rules everything around me”, so how is it that 27 years later, no one seems to need it anymore?

Last week, a ruling by the New York City Council voted to ban stores and restaurants from refusing cash payments. The ruling comes from the decision that refusing to accept cash as legal tender is a discriminatory act against the unbanked, underbanked and poorer members of society who might not have access to debit or credit lines.

Carlos Seer, AVP & Business Development Director, LAC, explores the link between prepaid card traction and greater financial inclusion in Mexico.

Multiple countries are locked in the battle to become the world’s first truly cashless nation; for others, becoming cashless is necessary due to unique local circumstances. Either way, it is well known that cash is being phased out across large portions of the globe.

A recent survey into consumer expectations of the payments market conducted by Compass Plus has revealed that the generation of consumers over 60 is increasingly relying on card as their primary payment method.

For the second blog in our ‘turning 30’ series, we’ve decided to share some of the most interesting facts about Compass Plus.