Tearsheet Podcast: Exploring Financial Services Together cover image

Power of Payments Ep 10: Digital payments and overspending, Revolut Reader, mobile wallets, and more

Tearsheet Podcast: Exploring Financial Services Together

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Global Microchip Shortage - The Impact on the Payments Industry

The global semi conductor supply chain took a major hit because of the pandemic. Buying microchips became more expensive as cycle times increased. This is something that will impact not just video game makers, smart phone and car manufacturers but also players in the payments industry. China's lock downs decreased total chip output by over five % this year. Experts are expecting an industry wide failure to deliver cards in time.

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