WHY CROSS-BORDER PAYMENTS ARE NEXT INNOVATION FRONTIER
- June 24, 2017
- Posted by: Obat Global
- Category: Economics, Innovation, International, obat news
JAMES NGUNJIRI Market analysts have predicted that cross-border payments are the next frontier where innovative technologies will challenge the existing expensive, clunky business models. Mobile phone technology, mobile money, digital currencies, distributed ledgers, electronic identification and cloud technology together have the capacity to technically make cross-border payments cost negligible, instant, auditable and accessible to everyone.