YOU are probably reading this from a mobile device.
Perhaps you clicked on the URL to this article from Facebook or Twitter.
Newspapers are no longer the go-to source for the latest news or feature stories; fashion magazines will never be able to meet the expectation of the insatiable desire for real-time fashion updates from the runway, which can now easily accessible from the personal social media accounts of the digital savvy and on most occasions, influential front-row fashion show goers.
Chances are, you own a smartphone or tablet. You also possess active social media presence and is no stranger to purchasing and downloading mobile applications and ringtones from the digital marketplace like the Apple App Store, iTunes or Google Play.
You have likely heard of or already a frequent user of music streaming service likes Spotify or Deezer — one would consider collecting physical albums for sentimental values.
You may even prefer online shopping for wider options, or you could be an avid moviegoer who purchase tickets using mobile payment solutions integrated within a mobile application.
The point is, we have in one way or another embraced the notion of digitising a part of our lives. From a business standpoint, it makes total sense that the way forward is to formulate new and improved products and services on top of the technology infrastructure.
Digital transaction in particular, has been one of the hottest topics. From Bitcoin to AliPay, Apple Pay to LoopPay (acquired by Samsung), technology has definitely facilitated the digital landscape of financial transaction.
I believe some of you are already verifying the purchase of various digital products from the Apple ecosystem using the Touch ID.
Looking at the momentum we are going, I'd safely say that 10 years from now making payments through biometrics authentication will become a norm.
While we have yet to fully integrate a cashless ecosystem, payment trends are definitely evolving in line with new developments in technology.
The banking sectors and local businesses will need to ensure that they are able to succeed in an increasingly competitive market and to meet consumer demand.
At the end of the day, if the consumers are assured that the payment method is well integrated, secure, reliable and convenient to use, a cashless society will be imminent.
Cherish Leow
Mon Mar 23 2015
While we have yet to fully integrate a cashless ecosystem, payment trends are definitely evolving in line with new developments in technology. - File Photo
SPRM tidak pernah henti siasatan kes LCS - Azam Baki
Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) tidak pernah menghentikan siasatan berhubung kes pembinaan Kapal Tempur Pesisir (LCS).
Liga Arab gesa UNSC terima pakai resolusi gencatan senjata di Gaza
Majlis Liga Arab gesa Majlis Keselamatan menerima pakai resolusi, di bawah Bab VII Piagam PBB memaksa Israel untuk gencatan senjata di Gaza.
Insiden kecoh ketika pengebumian: Pemandu kereta tertekan hon kerana panik - Polis
Polis menerima laporan seorang pemandu kereta susulan kekecohan ketika pengebumian Komander Muhammad Firdaus Ramli, di Masjid Jamek Sungai Nibong malam tadi.
Isytihar harta: Tun M antara individu yang disiasat SPRM
Bekas Perdana Menteri Tun Dr Mahathir Mohamad adalah antara individu yang disiasat SPRM berhubung isu pengisytiharan harta.
PRK Kuala Kubu Baharu: Bakal calon disaran isi borang, buat semakan awal - SPR
Bakal calon yang ingin bertanding dalam PRK Kuala Kubu Baharu disaran mengisi borang dan membuat semakan awal.
Nahas helikopter Lumut: KPWKM beri bantuan RM3,000 kepada keluarga mangsa
Kementerian Pembangunan Wanita, Keluarga dan Masyarakat sumbang bantuan RM3,000 kepada waris mangsa nahas helikopter yang terhempas di Lumut.
Warga emas dibaling sambal tumis sebelum disamun
Mangsa cuba menahan kesakitan yang dialami dan disebabkan hentakan itu dia mengalami kecederaan di bahagian kepala.
Kerajaan akan umum butiran mekanisme rasionalisasi subsidi - Rafizi
Kerajaan akan memaklumkan butiran mengenai pelan rasionalisasi subsidi termasuk kriteria dan implikasinya tidak lama lagi.
[TERKINI] Tun Mahathir antara individu disiasat isu pengisytiharan harta - SPRM
Ketua Pesuruhjaya Suruhanjaya Pencegahan Rasuah Malaysia (SPRM) Tan Sri Azam Baki berkata bekas Perdana Menteri Tun Dr Mahathir Mohamad adalah antara individu yang disiasat berhubung isu pengisytiharan harta.
10 wira negara korban helikopter terhempas selamat bersemadi
Proses pengebumian dijalankan selepas semua jenazah selesai menjalani proses bedah siasat di Jabatan Forensik Hospital Raja Permaisuri Bainun (HRPB) Ipoh pada jam 2.20 petang pada Rabu.
Jualan 11.11 Alibaba cecah US$10 bilion dalam tempoh sejam pertama
Syarikat itu mengumumkan angka tersebut mengatasi GMV 2017 yang merekodkan 168.2 bilion (1 yuan/renminbi = RM0.60) secara keseluruhan tempoh 24 jam.
Alibaba yakin masa depan negara, ikrar tambah pelaburan di Malaysia
Gergasi platform atas talian Kumpulan Alibaba yakin terhadap masa hadapan negara di bawah kepimpinan baharu dan akan terus melabur di negara ini.
Touch 'n Go dapat kelulusan Bank Negara untuk E-dompet mudah alih
Perkhidmatan yang menggunakan platform teknologi Alipay, akan diuruskan oleh TNG Digital Sdn Bhd, sebuah syarikat usaha samanya dengan Ant Financial Group (Ant Financial).
WeChat Pay masuki Malaysia tahun hadapan
Reuters yang memetik kenyataan Naib Presiden Kanan Tencent, SY Lau menyatakan, pihaknya sudah memperoleh lesen bagi membolehkan TenCent digunakan di Malaysia.
Maybank jalin pakatan dengan Alipay tawar kemudahan pembayaran tanpa sentuh
Maybank menjalin pakatan dengan firma China, Ant Financial Services Group, bagi menyediakan kemudahan untuk pengguna Alipay yang ke Malaysia dengan perkhidmatan pembayaran tanpa sentuh.