| | November 20204EditorialLike so many other paradigms transformed, the pandemic has provided a gateway for the increased adoption of card payments across the globe. Governments across the world are encouraging people to forego cash and pay via contactless cards to reduce the risk of contracting Covid-19. Contactless cards function on NFC (near field communication) technology, i.e. they are a form of proximity payment methods. Card payments are second only to cash in most parts of the world. As new technology such as contactless cards and virtual cards enters the market across the globe, it is interesting to note the increase in customers choosing to pay with a tap or by generating a prepaid card within seconds. In the last few years, several customers have switched to all-card payments, foregoing cash entirely. This choice has been brought about by innovative card payment services, as well as the convenience of using one card to pay for everything. Evolving consumer habits and the development of new technologies indicates that card payments are going to witness an increase in usage across the globe, perhaps even surpassing cash payments in the near future. However, technological advances suggest we might just experience a exit of even the cards!! What does the future hold for the plastic payment card? Will it go the way of the check -- still in use, but seemingly out-of-date, as more consumers use mobile devices for transactions? Or will cards with cutting-edge technology win more loyalty from shoppers?This edition, we have brought together payments solution and service providers who have constantly thrived to remodel and redefine the payments infrastructure with the latest technologies. The vendors in the list are poised to bring in a sense of freedom in terms of payments and transactions. Some may even take on the enterprise level transactional dilemmas. Do let us know what you think.Emmanuel Christi DasManaging Editoreditor@cioreviewindia.comEmbracing New Modes of Financial TransactionsVOL 8 · ISSUE 12 - 3 · NOVEMBER, 2020 PublisherOffice Editorial queries editor@cioreviewindia.com To subscribeVisit www.cioreviewindia.com/magazine/or send email to: subscription@cioreviewindia.comCover price is Rs 150 per issueAshok KumarVirupakshi PattarAlok ChaturvediGroup Art DirectorVP - Sales & MarketingMagendran PerumalCirculation ManagerEditorial TeamCIOReviewIndia No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017ManjunathS SivasankarManaging EditorEmmanuel Christi DasVisualizersAdvertising queriessales@cioreviewindia.comBangaloreTel 080 46441103Sales & MarketingAmrit SinghIndranil ChakrabortyRavi Kalgi Rohit RaghubanshiNagendra KumarPrinted and published by Alok Chaturvedi on Behalf of Bizprint Media Technologies Pvt Ltd and Printed at Precision Fototype Services at Sri Sabari Shopping Complex, 24 Residency Road Bangalore-560025 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017. Copyright © 2020 Bizprint Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Janifha EvangelineAnitha TSuchita GonsalvesSamrat PradhanRajan SarmaNoidaTel 120 4639300
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