The models that have emerged are typically either advertising- or subscription-based. But German company LaterPay thinks it has found a way to bridge the two – by focusing on readers and how they consume content.
In an annual address last week, Lee named digital payments as one area where better use of information technology could improve the lives of Singaporeans.
But what does all this mean to payment facilitators?
As we’ve noted previously, many small businesses are turning to payment facilitators for their capital needs. And PFs are seeing this business as one opportunity to expand the ways they serve their merchant clients’ business needs, in an integrated environment that includes payment processing.
But according to recent media reports from the region, not everyone there is necessarily happy with the disappearance of cash or the pervasiveness of mobile payments.