Tag Archives: Credit Cards

Modernising Business Payment Systems: Fiat or Crypto?

Contributed article in our business series. Enjoy! – Kimberly

If you’re in business, you might be considering your options vis-a-vis payment systems. Modern-day businesses are required to keep pace with the pulse of the market. In recent months, a veritable explosion in cryptocurrency adoption has taken place. Institutional traders have poured into the crypto market en masse, bolstering substantial interest among retail traders. At one point, the market capitalization was well above $2 trillion+. 

This begs the question: Should SMEs implement changes to their payment systems to accommodate cryptocurrency usage? 

Modern-day payment processing solutions encompass a wide range of options, notably: Google Wallet, Apple Pay, Venmo, Square, Amazon Payments, Stripe, PayPal, NeoSurf, Visa, MasterCard, Diners Club, American Express, Bank Wire, et al. The popularity of these payment solutions is growing by the day for a range of activities. For instance, NeoSurf cash voucher pre-paid cards have become popular for casino transactions online. According to Statista, the most popular payment methods by the percentage of total e-commerce transactions volumes worldwide in 2020 included the following:

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  • Digital Payments Mobile Wallets – 44.5% of global transactions
  • Credit cards – 22.8% of global transactions
  • Debit cards – 12.8% of global transactions
  • Bank transfers – 7.7% of global transactions
  • Cash on delivery – 3.3% of global transactions
  • Charge cards and deferred debit cards – 3.3% of global transactions
  • Pre-paid cards – 1.1% of global transactions

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Tips to Cultivate Willpower to Manage Finances & Build Wealth

WealthContributed article in our personal wealth series. Enjoy! – Kimberly

In football, the best coaches and coordinators with the sharpest playbook and most advanced plays won’t win games if their team can’t execute the plays. Taking care of your finances and building wealth are similar. A plethora of free knowledge is available from the experts regarding building wealth and achieving success, but few have the willpower and discipline to do what it takes.

But the good news is that willpower is a skill, not some genetic trait. There are ways to train your mind and learn from the best to climb your way to the top.

Finance is a Mental Game

Whether you’re building your first savings account, paying off credit cards or building a successful business, finances are almost always a mental game. Think of financial success in relation to diet and exercise — you can read every blog, hire every trainer and take every supplement — but unless you can actually execute, there won’t be any results.Continue reading→