In a significant shift for the financial landscape, Maltese businesses are rapidly adopting Revolut as their go-to platform for transactions and financial management. The company, which launched in the UK in 2015, has experienced a fivefold increase in Maltese business customers over the past year. Monthly business-to-business (B2B) transactions in Malta reached a record €296 million by the start of September, surpassing even countries with much larger economies and populations. This article delves into the factors driving this growth, how it compares with other European nations, and what the future holds for......
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Banking, NEWS Malta
August 19, 2024
Malta and the Shift Towards Cashless Transactions
With advancements in technology and changing consumer preferences, Malta is steadily moving towards a cashless society. This shift is evident in various sectors of the economy, from retail to dining,...