Peru stands out with 64% of young people aged 18 to 35 who use their smartphones to make payments or see the balance in their bank account, Mastercard reported.

Ecommerce in Germany was growing slower than expected last year. Still, it’s especially the fashion shops that are losing sales to online retailers. But German trade association HDE still believes in local purchasing.

Ecommerce in Spain was worth 27.96 billion euros in 2018. That’s an increase of 17 percent compared to the previous year. For this year, a growth of about 20 percent is expected, which would mean ecommerce in Spain will be worth 33.56 billion euros at the end of 2019.

According to a new RBR report, Global ATM Market and Pro Forecast until 2024, ATM numbers decreased in four of the five largest markets in 2018.

The European elections take place between 23 to 26 May, in a time where Brexit and the growth of euroscepticism are hot topics. Pan-European ecommerce association Ecommerce Europe wants a level-playing field for the Digital Single Market and gives 10 recommendations for a better ecommerce industry in Europe.

The Rio de Janeiro Metro, took another important step in the digital world. The concessionaire began to accept in all its 41 stations, the payment of tickets through cell phone, credit card, wristband and watch with NFC technology.

Europe outperformed Asia in investment in technology finance companies and India overtook China, where the increase in regulatory oversight drove this type of investment down 89 percent.

Street performers and homeless people who make contactless payments. Shops, cafes and restaurants that no longer accept cash. Parishioners who make digital donations to their churches instead of throwing bills or coins in a collection plate.

Many retailers continue to use old payment systems and outdated technology – legacy systems – because they are hesitant to take on the unknowns of a new payment platform. One of the major downsides to sticking with these traditional systems is the negative impact they can have on your business’s bottom line.