Visa On Tap To Pay, Cash Displacement And B2B Payments
PYMNTS
FEBRUARY 13, 2020
McInerney also pointed to government to consumer (G2C), which is a “more nascent” market, with presence in government benefits and tax refunds. Tap to pay penetration is 41 percent in the region, he said, up from 29 percent in 2016. Peer-to-peer (P2P), he said, is about $20 trillion, and encompasses remittances.
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