Video timeline: 0:00 App efficiency 0:37 The appeal 2:18 U.S. issues 4:03 Regulation 4:48 What’s next?
So what’s holding the U.S. back from having a super app available? WSJ explains why, despite challenges, companies still see it as their holy grail product.
Is cash still king? The coronavirus pandemic may cause a drastic decline in cash usage due to the risk of contamination. The unprecedented surge in the demand for contactless payment has also shown outstanding performances for major companies offering cashless payment methods, like Apple, Square and Paypal. Could covid-19 signal the end of cash in the United States and can the U.S. really function without physical currency?
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