The use of contactless payment was recommended by the health authorities , thus avoiding the use of coins and bills. The almost complete closure of commercial establishments was a blow to monetary transactions in general, so that the use of point of sale terminals fell between 60% and 70% with the confinement, according to figures from Banco Santander and BBVA , while cash withdrawals from ATMs fell by 68% in March in Spain, according to a survey by bank N26, while other entities place this decrease between 50% and 60%.
It is a race in which everyone struggles to finish first. This happens in all business areas, from food, fashion, automotive or any service company. But also in technology. And, perhaps, the bar is higher in this sector, since they are the professionals who know the field best.
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This was an interesting read. Many organizations are realizing that building an owned community provides more control and deeper engagement than relying solely on social networks. A scalable online community platform can help create a central hub for discussions, networking, and collaboration. Businesses seeking customization often benefit from a white label community platform, while an online community builder can help simplify setup and management. Pairing the platform with a white label mobile app can also improve the member experience. Understanding how to increase user retention remains critical for long-term success.
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