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2024 Payment Methods Report: Overview, Insights, and Statistics

Clearly Payments

From traditional options like credit cards to emerging solutions such as cryptocurrencies and biometrics, each payment method comes with unique advantages that cater to varying consumer needs. Regional Insights : Australia leads in BNPL usage, where 30% of consumers have used BNPL services at least once in the past year.

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Bahamas Launches Digital Sand Dollar; Adds To Rise Of Central Bank Digital Currencies

PYMNTS

But the race is still on for central banks to develop their own digital versions of fiat to take their place alongside bills and coins. To that end, the Bahamas may stand out as an epicenter of sorts for the rise of central bank digital currencies (CBDCs). Central Banks Around the World Eye CBDCs.

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Bank Of France Gov Says Central Banks Should Control Crypto

PYMNTS

Bank of France Governor Francois Villeroy de Galhau said on Saturday (Jan. 25) that central banks should be in charge of issuing electronic currency, not private companies, Reuters reported.

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European Central Bank Lays Foundations for Potential Issuance of Digital Euro in New Progress Report

The Fintech Times

In November 2023, the European Central Bank (ECB) began the preparation phase of a digital euro. It will also explore other innovative use cases for a digital euro. The post European Central Bank Lays Foundations for Potential Issuance of Digital Euro in New Progress Report appeared first on The Fintech Times.

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i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

PayPal is opening its network to allow consumers to shop using cryptocurrency. Webster noted that bitcoin has been around for a decade, and while the conventional wisdom had been that the digital offering would be used far and wide as a payment transacting conduit, those predictions have been wildly off the mark.

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Over Half of Surveyed Singapore Users Own Cryptocurrency

Fintech News

In recent years, the landscape of cryptocurrency and digital assets has experienced significant shifts, and Singapore, a nation known for its forward-thinking approach to fintech and digital innovation, is no exception.

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A Merchant Guide for Cryptocurrency Payments

Clearly Payments

Since 2009, the financial landscape has been undergoing a transformation with the emergence of cryptocurrencies. As digital currencies grow in popularity , merchants around the world are exploring the potential benefits of accepting payments in cryptocurrency.