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It is called the Global Findex Index and the 2017 report took on the impact of digital technology, mobile phones and access to the internet on financialinclusion. Or use it inside of a closed commerce and financial services ecosystem that accepts that method of payment for all of the types of payments transactions.
The new APIs span payments, data, security, financialinclusion, and “experimental” categories. This comes about seven months after the company’s competitor Visa opened its Developer Center which hosts just over 25 APIs, as well as documentation on Visa Tokens and microtransactions.
The emphasis on convenience, personalisation, and security influences consumer behaviour in the following ways: Spending habits : Mobile payments make microtransactions effortless, encouraging consumers to spend more frequently, especially everyday items.
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