Industry Updates
Cash vs. Credit Card Spending Statistics: Before The Crisis
The COVID-19 crisis will likely ever alter the payment landscape. While it is premature to report usage stats, here’s a look at American Cash vs. Plastic usage as of December 2019, as reported by the Boston Federal Reserve.
Read MoreSmartphone Ownership Surpasses Three Billion
The number of smartphone users worldwide surpassed three billion in February and is forecast to further grow by several hundred million in the next few years. While there has been some stagnation in smartphone purchases, the smartphone market still has high growth potential as the smartphone penetration rate is still lower than 70% in most…
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