In a digital commerce ecosystem, two parties that have never met before must agree to transactions or assignments, deliver and receive products and, perhaps most importantly, ensure payments occur as quickly as possible. All of the steps in digital transactions require trust, which can be...
Not every eCommerce platform is as user-friendly as Amazon. Craigslist and its ilk, for instance, still require buyers and sellers to meet in person to pay. This arrangement, says Escrow.com GM Jackson Elsegood, also requires parties to confront stranger danger fears. In the latest Smarter...
The rise of faster payment systems worldwide are not only enabling payments to move between parties at greatly enhanced speeds, but a growing share of companies are rethinking their traditional business models to take advantage of these more efficient payment tools. The new Smarter Payments...
When it comes to receiving money, consumers want more control. More precisely, their satisfaction with disbursement methods comes down to the three C’s — convenience, certainty and choice, findings in the latest Disbursements Satisfaction Index revealed. To meet that growing demand for improved digital disbursement...
May 10, 2023
An estimated $5 billion is lost annually in intra-African trade. And apart from the high trade costs associated with operating in a highly fragmented region, Terence Naidu, founder and CEO at Truzo, an Africa-focused digital escrow service, says a lack of trust among traders has also hampered cross-border trade growth over the years. “If you […]
