In this podcast interview on PYMNTS.com Rajesh Venkatesh, chief product officer at InstaReM, discussing the challenges of push payments in the developing world; many consumers don’t like to enter card information because of a lack of trust between merchants and consumers; Venkatesh says, “Push payments solve for a lot of those anxieties, because the consumer is pushing the funds to a merchant account, so the only data being transferred online is the merchants”. Source.
Peter Renton is the chairman and co-founder of Fintech Nexus, the world’s first and largest digital media and events company focused on fintech. Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series. Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.