Spending habits in APAC shift to emerging payment technologies
THE pandemic has raised the enthusiasm for broader range of payment technologies in the Asia-Pacific (APAC) region as 94% of the population will consider using at least one method, going from QR codes, digital or mobile wallets, instalment plans, cryptocurrencies or biometrics and others. Mastercard APAC products and innovation executive VP Sandeep Malhotra said the company’s study finds that people in the region have not only adopted new payment technologies, but made deliberate shifts based...