In our recent trip to Riga, we had the unique opportunity to chat to Norberts Millers, the product owner at DECTA Payments Gateway, where we explored the fascinating topic of cashless economies and the future of payment technologies. In our conversation, we delved into the intricacies of how different countries have varying degrees of affinity for cashless economies, and how payment companies like DECTA are taking on the challenge of aggregating all payment functionalities into one seamless platform.
One of the most intriguing things we discussed was the state of cashless transactions in Riga, where even the most mundane things are completely cashless. Norberts shared with us his insights on how this phenomenon is changing the way we interact with money, and the opportunities and challenges this poses for payment companies and merchants alike. Of course, with every technological advancement comes concerns about security and privacy.
Norberts provided valuable insights into how payment companies are making sure that new solutions are fully secured, and the measures they are taking to ensure that users’ data is protected. But the discussion did not stop there. We also touched on the ongoing debate about how regulation can sometimes make business more difficult for merchants who are more willing to embrace technology. Norberts gave us his expert opinion on how payment companies can work together with regulators and merchants to strike a balance between security and innovation. If you are interested in the future of payments and where cashlessness will take us, then this interview is definitely for you!
