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nikunj Articles

NFC payments: What they are and how they work

In contemporary society, people have little time to spare and therefore, anything that gets in the way of financial transactions has to go.With such a short attention span, you cannot..
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Top 5 challenges facing agency banking in Kenya and how to solve them

Agency banking in Kenya has emerged as a transformative approach, which has brought financial services closer to underserved populations. However, with any growing industry, many challenges are holding it back..
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How Closed-Loop Wallets Enhance Customer Experience in Retail Stores

Customer experience defines retail success. It’s as simple and as brutal as that.Studies show that 86% of shoppers are happy to spend more for exceptional service, while 32% won’t think..
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Why small businesses should embrace QR code payments

Today, customers are very dynamic due to the advanced technological environment, and therefore there is a need to incorporate modern payment systems that will meet customers’ needs. QR code payments..
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How financial institutions can build trust with secure digital wallets

Digital wallets have revolutionized the payment method and minimized people's work almost with no processing time. With digital wallets, your customers can now transact from anywhere, anytime. They can pay..
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How mobile self-checkout makes retail checkout frictionless and profitable

In the retail race, a seamless shopping experience is a necessity. Traditional checkout methods are bottlenecks for shoppers and are less efficient overall. This is where mobile self-checkout technology comes..
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How branchless banking can overcome the challenges of traditional banking?

The financial market today is more fluctuating, and this puts pressure on corporate and financial organizations to deliver smooth customer experience to achieve operational excellence. Traditional banking models that maintain..
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Revolutionizing Global Remittances with Advanced Money Transfer Software

The remittance market is growing, but traditional methods are struggling to keep up. Outdated ways, high fees and slow transaction times are a headache for banks, fintechs and financial institutions..
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Transforming Public Transport: The Role of Closed-Loop Payments in Automatic Fare Collection

The growing population and urbanization mean that the demand for efficient transportation will not decline anytime soon. With that, the limitations of traditional fare collection systems become more and more..
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Agency Banking vs Traditional Banking: Key Differences and Advantages

The way banking has evolved through the years is indeed commendable. With advancements in technology, banking has become digital. This has provided convenience to their customers. However, with time, traditional..
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The role of transparency, speed, and security in cross-border payment solutions

Cross-border payments have become vital in the last few decades. And now they have become the foundation that carries the global economy. They enable businesses, individuals, and financial institutions to..
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A step-by-step guide to online payments with digital wallets

Digital payments have soared in recent years, and digital wallet platform are at the forefront of this trend. These wallets empower users with a quick and safe way to manage..
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