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Maybe if I want to send my friend $5 Paypal or whatever can do that, but what fintech is actually taking market share from them at merchants? Maybe it is becau
by flessner 2y ago
Maybe if I want to send my friend $5 Paypal or whatever can do that, but what fintech is actually taking market share from them at merchants?
Maybe it is because I am in Germany, but merchants here only accept cash, girocard and credit cards - online shops obviously have a wider selection that regularly includes Paypal in Klarna, but I wouldn't expect credit cards to loose a lot of market share to them.
So in which geographic regions is this actually the case? Do you have any source I could read on this as I am quite interested.
- meiraleal 2y ago> Maybe if I want to send my friend $5 Paypal or whatever can do that, but what fintech is actually taking market share from them at merchants? UPI, Pix, FedNow and many others make direct payment much easier. In Brazil is now more common to accept Pix and not accept credit card than the opposite, although almost everywhere accepts card. But literally everywhere accepts Pix (and every app that uses it).
- marcosdumay 2y ago> But literally everywhere accepts Pix (and every app that uses it). I just want to clarify, because this phrase looks like a huge understatement. Beggars on the street accept Pix.