From Apps to Crypto: The Final Leap in Global Payments | Off-Ramping & Borderless Transactions
https://youtu.be/5jaLQkZmKQ4
https://youtu.be/5jaLQkZmKQ4
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From Apps to Crypto: The Final Leap in Global Payments | Off-Ramping & Borderless Transactions
#POV What the #Apps market did for #Startups and #Enterprises the #Crypto market is completing in end-mile payments.
At SmartCard Marketing Systems Inc (OTC:SMKG) #PAAS + #DigitalPayments
"Breaking Boundaries: How #Crypto and #OffRamping are Pioneering…
At SmartCard Marketing Systems Inc (OTC:SMKG) #PAAS + #DigitalPayments
"Breaking Boundaries: How #Crypto and #OffRamping are Pioneering…
#DigitalDataroom or #Vault
What is truly behind our #DigitalAssets deployment solutions & services at SmartCard Marketing Systems Inc (OTC:SMKG) #PAAS for #RealWorldAssets
Some think its a small step to simply launch a #SmartContract, others who truly comprehend the setup and diligence required of the client journey: to #Develop, #Underwrite, #Issue, #Audit and launch an #RWA know it takes much more to support #Blockchain & #Crypto.
Don't forget about embedded Paytech for #Payments; AXEPAY Inc. Fintech/Paytech Global Solutions and Cross-Border + XPay. Worldwide Corporation #onramping + #offramping
What is truly behind our #DigitalAssets deployment solutions & services at SmartCard Marketing Systems Inc (OTC:SMKG) #PAAS for #RealWorldAssets
Some think its a small step to simply launch a #SmartContract, others who truly comprehend the setup and diligence required of the client journey: to #Develop, #Underwrite, #Issue, #Audit and launch an #RWA know it takes much more to support #Blockchain & #Crypto.
Don't forget about embedded Paytech for #Payments; AXEPAY Inc. Fintech/Paytech Global Solutions and Cross-Border + XPay. Worldwide Corporation #onramping + #offramping
#Payout by #ATM as Cash remains #King a dominant and preferred method of transaction in many #emergingmarkets for several reasons: #Accessibility ✅ + #offramping + #remittances + #charity
1. Limited Banking Infrastructure: In many emerging economies, banking facilities are less accessible. A significant portion of the population lacks bank accounts or access to financial services, making cash the most viable means for transactions.
2. Trust Issues with Financial Institutions: Many individuals in emerging markets exhibit skepticism towards banks and financial systems, often due to past crises or perceived corruption. Cash transactions feel more secure as they avoid potential institutional risks.
3. Cultural Preferences: In several cultures, cash is deeply ingrained as a means of exchange. It is often associated with tangible value, whereas digital transactions may not be as trusted or understood.
4. Economic Instability: Fluctuations in currency value and inflation can lead people to prefer holding cash as a more stable form of value compared to volatile digital currencies or bank savings.
5. Transaction Costs: In some cases, the costs associated with electronic payments, such as fees for card usage or mobile payments, can deter consumers. Cash transactions do not incur these additional costs, making them more appealing, particularly for small purchases.
6. Informal Economy: A significant portion of commerce in emerging markets occurs in informal settings where cash is the primary medium of exchange. Many small businesses and vendors operate outside the formal banking system, reinforcing cash's dominance.
7. Technological Barriers: Although mobile payment technologies are growing, not everyone has access to smartphones or reliable internet connections, limiting the adoption of digital payment methods in certain areas.
8. Government Policies: Some governments may favor cash transactions due to ease of tax collection and regulation in the formal economy, which can encourage citizens to use cash.
9. Adaptation and Resilience: Cash has proven to be a resilient method of payment even during crises, such as the COVID-19 pandemic, where digital payments gained traction but cash remained crucial for many, particularly where digital literacy or infrastructure was lacking.
SmartCard Marketing Systems Inc (OTC:SMKG) + AXEPAY Inc. Fintech/Paytech Global Solutions and Cross-Border + Premise Fintech
1. Limited Banking Infrastructure: In many emerging economies, banking facilities are less accessible. A significant portion of the population lacks bank accounts or access to financial services, making cash the most viable means for transactions.
2. Trust Issues with Financial Institutions: Many individuals in emerging markets exhibit skepticism towards banks and financial systems, often due to past crises or perceived corruption. Cash transactions feel more secure as they avoid potential institutional risks.
3. Cultural Preferences: In several cultures, cash is deeply ingrained as a means of exchange. It is often associated with tangible value, whereas digital transactions may not be as trusted or understood.
4. Economic Instability: Fluctuations in currency value and inflation can lead people to prefer holding cash as a more stable form of value compared to volatile digital currencies or bank savings.
5. Transaction Costs: In some cases, the costs associated with electronic payments, such as fees for card usage or mobile payments, can deter consumers. Cash transactions do not incur these additional costs, making them more appealing, particularly for small purchases.
6. Informal Economy: A significant portion of commerce in emerging markets occurs in informal settings where cash is the primary medium of exchange. Many small businesses and vendors operate outside the formal banking system, reinforcing cash's dominance.
7. Technological Barriers: Although mobile payment technologies are growing, not everyone has access to smartphones or reliable internet connections, limiting the adoption of digital payment methods in certain areas.
8. Government Policies: Some governments may favor cash transactions due to ease of tax collection and regulation in the formal economy, which can encourage citizens to use cash.
9. Adaptation and Resilience: Cash has proven to be a resilient method of payment even during crises, such as the COVID-19 pandemic, where digital payments gained traction but cash remained crucial for many, particularly where digital literacy or infrastructure was lacking.
SmartCard Marketing Systems Inc (OTC:SMKG) + AXEPAY Inc. Fintech/Paytech Global Solutions and Cross-Border + Premise Fintech