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Maya Kumar

Maya Kumar EVP at Banked

The Growth of Pay by Bank - The Hard Facts

Card payments and innovative payment processors have had a truly transformative impact on global financial inclusion, enabling entire economies to transition from cash-based payments to digital alternatives and facilitating the proliferation of e-commerce. Bank payments were slow to adapt to the Internet revolution. However, through regulatory ini...

/payments /inclusion Innovation in Financial Services

Maya Kumar

Maya Kumar EVP at Banked

Surcharges Increase at a Rapid Rate in Australia: The Case for Pay by Bank

Credit and debit cards have largely replaced cash in Australia, providing customers with increased convenience and introducing purchase protections. However, card networks charge a fee for each and every transaction, normally between 0.5% and 2% (RBA). This is a problem for Australian retailers and businesses the world over as they navigate tight ...

/payments /retail Fintech

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