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Cashless Payments Are Growing Faster in India Than Just About Anywhere Else

“Cashless payments are taking off in India, growing faster than in other countries around the world. The shift has attracted a host of tech companies, backed by deep-pocketed foreign investors, battling for market share. Digital transactions in India increased by 55% last year, compared with 48% in China and 23% in Indonesia, according to data […]
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A Look Into India’s First Digital Village

“In 2015, a year before the controversial note ban, Akodara embarked on an attempt to become India’s first “ digital village .” It participated in a public-private initiative between the government and ICICI Bank , one of the country’s largest lenders, to test how successfully 100 rural towns could be taught digital literacy in order […]
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Amazon Go, the Cashierless Retail Store of the Future, Has Some New Competition

“According to Grabango chief business officer Andrew Radlow, computer vision is a key distinction that separates Grabango from Amazon Go. Go stores use scales, shelf cameras and sensor technology to track items when they are taken off the shelf. Grabango’s computer vision technology uses small cameras that track when each product in the store is […]
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How Amazon Go Unlocked a New Era of Next-gen Payments

“There has been a lot of buzz surrounding Amazon Go ever since the first checkout-free store opened its doors in Seattle in 2016. Recently, the retail giant announced that it will be rolling out the concept internationally, and it is already setting the tone of what payments will look like in the future. Last year, […]
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Vivint Smart Arena Going Fully Cashless After Successful Trial

“Vivint Smart Home Arena, the home of the National Basketball Association’s Utah Jazz, is going fully cashless following a successful trial late last year. Beginning January 18, the sports and entertainment venue will only accept credit, debit and prepaid cards, and mobile payments for sales at all food and beverage points of purchase, the box […]
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Tesco Opens Cashless Store in Central London

“Tesco has joined the growing cash-free revolution in the UK after opening its first cashless store in central London. The outlet offers shoppers a range of electronic payment methods via self-service tills but does not accept notes or coins. The store, which Tesco says is planned to be a permanent outlet, is aimed at shoppers […]