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14min chapter
IFB367: Exploring the Future of Payments
The Investing for Beginners Podcast - Your Path to Financial Freedom
The Future of Payments: Global Trends and Technologies
This chapter explores the rapid adoption of digital payment technologies across the globe, particularly in developing regions where mobile devices dominate financial transactions. It contrasts these advancements with established systems in the U.S., highlighting personal experiences from visits to countries like China and Brazil. The discussion also addresses the implications of blockchain and cryptocurrency, along with the proactive responses of major payment companies to embrace innovation in the face of potential disruptions.
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