Remove tag developing countries
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Pakistan Launches Payment System To Boost Financial Inclusion

PYMNTS

Pakistan has the distinction as a country where only some economic transactions happen on the books. The system was developed over a period of years by a collaboration between the State Bank of Pakistan and the Bill & Melinda Gates Foundation. “I

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Reliance Says It Will Roll Out 5G In Late 2021

PYMNTS

Ambani also added that the country required policy developments for early 5G implementation. Other rivals, such as Bharti Airtel and Vodafone Idea , say the 5G tech isn't as close as Reliance Jio says, and that it could be another two years away due to India's lacking ecosystem and the expensive price tag, the report says.

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Super Apps Rising: Mobile Drives Digital Payments Uptick In Pakistan

PYMNTS

told PYMNTS CEO Karen Webster in an interview that the pandemic and the rise of mobile infrastructure have set the stage to bring people living in developing and emerging economies into the digital realm. The greenfield opportunities are also attracting significant numbers of entrepreneurs and capital to countries like Pakistan.

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Apple iPhone X Not Making Inroads In Asia

PYMNTS

but its price tag of $999 and up might be hurting demand in some of the largest Asian markets. Chinese handset makers are developing high-end smartphones that compete directly with the iPhone X but don’t cost as much. Revenue jumped 11 percent in the most recent quarter thanks to the price tag.

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Unpacking Smart Packaging’s Insights And Engagement Promises

PYMNTS

For example, a company could program the platform to display product care information when customers use their smartphones to engage with the near-field communication (NFC) tag or code on the package. Companies can also get — and provide — important information when customers scan a product’s code or engage with its RFID tag.

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Alphabet’s Nest Working On More Affordable Smart Home Tech

PYMNTS

s Nest is reportedly vying for a larger piece of the smart home market pie by developing less expensive versions of its products. The end product results will likely be comprised of less expensive component parts to bring the price tag down. Alphabet Inc.’s

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TRENDING: Inside Hong Kong’s New Faster Payment System

PYMNTS

Countries like Norway and Sweden already have systems in place, and Denmark recently joined the club, with Iceland soon to follow. expresses interest in a new RTGS system, financial players in the country are also working to improve existing schemes. Demand is also heating up for real-time gross settlement (RTGS) systems.