Data companies step into payment systems and bills But it doesn't stop there. More and more data companies are coming up with their own payment systems and associated payment accounts. Think, for example, of ApplePay, AmazonPay or AliPay. For example, a consumer is confronted with several accounts, whereby the option is offered on each of those accounts to buy on installment or to take (small) credit. And as if the financial clutter weren't cluttered enough.
The banks are also saying goodbye to private payment systems and we are dependent on accounts with a variety of commercial parties. How do Whatsapp Number List we keep an overview of our credits? Or worse, how much debt do we owe and to whom? Also read: Decentralized Finance (DeFi): the new foundation of trust in the financial world? How does money hold its value? It seems that in the digital world we will deal with money in a very different way.
Payments will no longer be facilitated only by the euro or the main bank. With which currency will we pay for a purchase and through which Whatsapp Number List account? And are we going to convert all day long or will we lose all sense of value? Something strange is happening in the digital world. Where the value of a currency such as the euro or the dollar is monitored by a central bank, the value of virtual currencies is left to the delusions of the day.