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Bye, bye debit or not?!
One of the most popular payment methods used by Germans seems to begin to totter. While many find this good, others shed tears. Here a short summary and the opinions from the team. The European Court of Justice has spoken and ruled and many fear the end of the decades-long popular debit, especially retailers see…
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Why Klarna is the better PayPal
When the payment buddy PayPal, was launched 20 years ago, e-commerce was still in its infancy and the word Fintech did not even exist. Nevertheless, PayPal was exactly that, a startup that linked finance services with technology and significantly shaped and advanced online payment traffic as we know it today. PayPal has 23 million customers…
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Of ducks, cryptocurrencies and the future of e-money
What makes a number money? Meanwhile, more than 2,500 crypto currencies are listed on various crypto exchanges. Basically, these tokens are not actually currencies, and most of the time, they are not even a form of money. In the simplest case, the tokens are just a digital message between two user accounts. Others represent certain…
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Bitcoin isn’t money. But with Lightning this could change soon.
Blockchains have a basic problem: They don’t scale well. Even ten years after its launch, the Bitcoin Blockchain still cannot process more than three to seven transactions per second. A modest number compared to existing centralized payment networks, which are 10,000 time more efficient. But that shouldn’t fool you. Although the capacity of the blockchain…
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“Numbers, please!” – Why cashless payment is finally conquering the German gastronomy industry
The Germans love their cash. Particularly in the catering trade, we continue to hold on stubbornly to notes and coins. As a company whose products are dedicated to cashless and contactless payment in the gastronomy sector, you are faced with a challenge. But even in one of the last German cash bastions, digitalisation is increasingly…
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SRC – the last rescue of Masterpass and Visa Checkout?
Standardization of card payments A new initiative of the Schemes is approaching us – so far in Europe still “unnoticed” in the USA but already coming. It is a last rebellion of the Schemes to “bite down” at the customer and to save their separate initiatives Masterpass and Visa Checkout (Ex V.Me) on the one…