It’s our last Week in Payments News recap of the year! With the world of payments starting to slow down as Canadians get ready to celebrate the holidays, we saw headlines come in from H&M Home, the city of Calgary, and the cashless future of Australia!
Make sure to take a look at the most popular headlines of the week, and come back January 11th for our recap of what we miss over the holidays!
1. H&M Home launches catalog featuring voice-enabled shopping on Google Assistant
Looking to update your kitchen or bedroom, but don’t want the hassle of going to your local mall or logging on to the computer? Thanks to a new partnership between H&M Home and Google, you can use voice technology to order items straight through your Google Assistant! H&M Customers will be able to order from their catalogue and make a payment using voice controls, revolutionizing the home goods shopping experience.
2. Australia could be cashless in just three years: experts
It seems like every week there’s a new country making headlines for being on the verge of going cash-free, and this week it’s Australia! According to experts, cash is on its way out down under, where only 37 per cent of household spending is now done with cash. Australians are already the sixth highest users of electronic payments in the world, according to a report cited in the article, so there’s a good chance they’ll say goodbye to cash in the near future!
3. Alberta Finance Minister to unveil Calgary Digital Dollars as part of new effort to promote small businesses
Alberta Finance Minister Joe Ceci unveiled Calgary Digital Dollars in Calgary last Friday, making Calgary the first city in the country to have its own digital currency! Using an app to make a purchase for a coffee, Ceci showed the ease using the currency and how it can help promote better relationships with small businesses in the city. Make sure to read this article to find out more.
4. Food delivered 'right into your fridge' is the future, says Walmart's e-commerce chief
With all the advancements in e-commerce, it’s easy to wonder what will come next; how about grocery delivery right into your fridge? Marc Lore, the president and CEO of Walmart’s U.S. e-commerce business explained this week that delivery right into the fridge could be up next, as Walmart looks to expand its delivery service. If you’re curious about what this would look like, find out more details in this article!
If you’re interested about what else happened in the payments industry this December, make sure to check out December 10 to 14 and December 3 to 7.