Dosh co-founder Shane Marsh​ says instant payment apps are commonplace in Asia and Europe, and New Zealand is lagging behind. But Worldline head of online payments Will Miao​ says digital payment apps are a solution looking for a problem. Countries in which digital payment apps are popular such as Asia and the United States are cash heavy economies with little digital infrastructure. We are actually ahead of the curve.”But Miao​ says the future of digital payments could offer huge boon for consumers. Supplied Massey University associate professor Claire Mathews says game changing innovations in financial technology usually come from a place of consumer convenience.

Source: Stuff March 27, 2022 00:05 UTC