Is Cash no longer King in Europe?
The idea of a cashless society is one of the topics that stirs up a heated debate when it comes to the digitalisation of banking and society. Cashless transactions are nothing new, but their share of the payments mix is growing fast. Advanced technologies, particularly the smartphone, have driven the fast growth of the digital economy and enabled an explosion of non-traditional financial solutions. So, are we moving towards a cashless society?
How PaysTree mitigates risks of online payment solutions?
Even in today's world with the ever-growing number of money transfers, there are still risks associated with using Internet technology to facilitate online payment capacities. Avoiding known risks means knowing what they look like and adopting prevention strategies. This article outlines what procedures PaysTree implements to mitigate the critical business risks and assure compliance with current regulations.
5 questions to help you understand Payments Institutions
Payment Institutions (PIs) facilitate transaction payments between buyers and sellers, make online money transfer possible, and many other payment solutions. Payments Institutions are challenging the traditional banks, are more user-friendly and satisfy the demand of the modern tech-savvy population. PaysTree has prepared an easy- to digest guide about disruptive payment services industry.