ONLINE TRANSACTIONS: New Trends That Should Get You Thinking

The way we do our payment is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction - to shop at stores, buy songs and movies online, and even do their banking.

At the heart of these changes in how we do our transactions are lots of companies competing and collaborating to facilitate transactions.

Although a great percentage of people use digital forms of payment, very few fully understand that it is an extremely complex industry.

Payments is transferring information from one party to another, and nearly every stakeholder in the industry benefits when that process runs on digital rails.

This is the era that we are in. Do you see any business opportunity? If everything is moving towards online, there must be something you can do (service or business) to be part of this moving train. Think.