Next year will see the 30th anniversary of Quick Response technology, more commonly known as QR codes. However, ask most people about these nifty black-and-white matrices and it’s likely their first thoughts will turn towards the pandemic when familiarity with QR codes skyrocketed. From menus and marketing to ticketing for concerts and trains, QR codes are today a vital part of many of our everyday interactions.

For small businesses, how you take payments can be an important aspect of your sales success. Here, the experts at tapeeno outline some of the ways to take payments and the various pros and cons for each.

Cash

People spend $54 billion every year on purchasing virtual goods in what they know as the metaverse. What do they mean? Is there going to be just one metaverse or many? And why are financial institutions around the world exploring different ways to establish themselves in this new value chain?

The metaverse is expected to become a lucrative source of revenue and an innovation hub for financial institutions. With this new report from OpenWay, a top-ranked digital banking and payments provider, you will:

iGaming – a sector which covers ​​any form of online wagering, despite being a relatively young industry, has snowballed over almost 20 years of existence. A study conducted by Statista reported that in 2021, the global online gambling and betting industry was valued at US$ 61.5 billion and is expected to rise to US$ 114.4 billion by 2028.

Kemi Badenoch, Business and Trade Secretary, has broken down £2.2 billion worth of trade barriers for UK businesses during her first 200 days in the position, over £11 million each day. 

Conferma Pay and Boost Payment Solutions have committed to developing a “best-in-class” virtual payment solution in an extension of their partnership. The partnership seeks to revolutionise B2B payments by replacing legacy systems with a secure, digitised and automated ecosystem capable of handling unique and high-volume virtual payments. 

With inflation continuing to rise in the UK, 1 in 3 (33%) young people are considering stocks and shares ISA to grow their money over the long-term, according to new research by smart money app Plum. 

South Africa-based payments infrastructure company Stitch today announced expansion to become an end-to-end Payments Service Provider (or PSP, defined as a third party that enables businesses to accept, manage and send digital payments through a variety of methods).

Global fintech Conotoxia brings the Investment Advice service to users of Invest & Forex offered by Conotoxia Ltd., enabling them to receive individual investment recommendations on selected financial instruments. As part of the special promotional offer, by opening an account until the end of June and activating the Investment Advice service, the first month of the Smart Start package is free.

Investment advice tailored to your needs

VeUP, a new global tech consultancy has acquired the product suite of UK fintech company M3 Payments as part of a multi-million-dollar growth strategy.