Cash is not king: the future of consumer electronic payments

Yahoo''s regional financial controller Honnus Cheung and HSBC vice president Ben Arber discuss the future of consumer electronic payments.

- While many payment solutions have been on offer in the recent past, most of them have proven unsuccessful due to overambition and failure to focus on the customer.

- However, the advent of e-mail brought versatility to these solutions for merchants and has proven attractive to customers who appreciate online auctions.

- E-mail money allows cross-border payments for customers, and holds additional corporate opportunities with its cost savings, risk reduction and increased efficiency.

...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: cash | king | future | consumer | electronic | payments

Print Edition

FinanceAsia Print Edition

EVENTS