Payment News

Monopoly Goes Cashless

A new version of the famous Monopoly board game has been created, ‘Monopoly Voice Banking’, that has replaced paper cash with a voice-activated banker. This sits in the middle of the board and keeps track of player transactions, including paying rent and buying properties. It isn’t clear how banking ‘privacy’ is maintained!

Payment Habits Going Digital in Switzerland

Twint is a digital payment app that is accepted as a payment method by 77% of physical and 76% of online shops in Switzerland. It has over five million active users. In 2017 there were four million Twint transactions, in 2023 there were 590 million, up 50% on the year before. 72% of Twint payments were retail payments while the rest were person-to-person payments. Use in high street shops rose 84% compared with 2022.