Digital Payments

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Fueling an on-demand fuel delivery business

The concept of On-Demand Fuel Delivery is steadily, albeit gradually, earning momentum in the biggest markets across the world – North America & Europe. Analysts have predicted that the automotive fuel delivery system market will register a CAGR of close to 4% by 2022. While there are no companies with total monopoly over this industry, many startups have made inroads into an idea that could make refueling a safer experience, especially in a pandemic-struck world. In this article, we offer a quick guide for anyone looking to understand this business.

Digital disruptions that will shape the global payments industry

Among all the industries that got shaken up by COVID-19, the payments industry is arguably the one that saw the most disruption. However, in the past six months, e-commerce, digital payments, and other online services have all registered excellent growth. The pandemic has reshaped how consumers and businesses interact with each other and this will shape the future of the payments industry.  Here are a few of the trends that were observed during this time.

How COVID-19 is redefining the financial services industry

COVID-19 has undoubtedly had an adverse impact on the financial world. Firms are scrambling to survive this downturn by looking for new ways to generate revenue and cut costs. This has effectively reduced spending within the economy and thus, banks and other financial institutions are faced with a tough market to sell their products off.  […]