Eliud Kipchoge’s Achievements and Records

Jerome Arthur Uffner serves as president of Tern Commerce, Inc., a New York-based company. As an expert in financial technology and electronic payments, he has worked in a similar capacity at FirstView Financial and FIS. Outside of his professional endeavors, Jerome Arthur Uffner enjoys running.

The sport of running has seen many feats over time. However, there are not many feats that can be put on par with the achievements of Eliud Kipchoge, the Kenyan marathoner. Eliud Kipchoge is the official world record holder for the fastest marathon. He completed the 2018 Berlin Marathon at 2:01:39. Also, at the 2020 Olympics, Eliud Kipchoge became the third man ever to successfully defend his Olympic marathon title.

Eliud Kipchoge is also known as the only person to have ever run a marathon in less than two hours. In October 2019, he finished a marathon at 1:59:40. This record, however, is not official because it did not follow the accepted rules for fluids and pacing. Still, Eliud Kipchoge has written his name in the sands of history as the first person ever to do this.

How the Pandemic Encouraged Mobile Payment

Having obtained a degree from the University of Pittsburgh in economics and political science, Jerome Arthur Uffner has worked in the mobile banking and prepaid payment industry for years. He served as president and CEO of FirstView Financial in Atlanta, Georgia, increasing the company’s revenue by almost 100 percent. Jerome Arthur Uffner specializes in gift cards, fintech, prepaid cards, and mobile payments, among other areas.

Mobile payment at the point of sale has been around since 2011 when Google decided to step into the sector. Since then, many other tech companies have come up with ways to make payments using mobile devices and without cards, but they did not go very far into the hearts of the general public. This is because paying with cards was much more convenient, and although it was around and being used, the market for mobile banking was not very large.

However, the pandemic introduced mobile means of payments into people’s minds afresh. Owing to the physical restraints of trying to stay safe, everyone saw the need for contactless means of making payments. Traders and businesses encouraged the phenomenon.

During the pandemic, a whopping 69 percent of retailers recorded a rise in the number of contactless payments they received. In addition, 94 percent believed that the number would continue to rise in the foreseeable future. eMarketer also reports that over 92 million Americans paid for something through mobile means within a six-month period in 2021.