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74% of consumer payments to be handled by non-traditional financial service providers
According to a new study, 74% of consumer payments will be handled by non-traditional financial service institutions (FSIs) by 2030. This figure is an increase from 60% in 2020, putting... read more
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PSR publishes final report on card acquiring market review
The UK’s Payment Systems Regulator (PSR) has published its final report into its card acquiring market review. The document sets out the regulator’s conclusion that the supply of card acquiring... read more
The post PSR publishes final report on card acquiring market review appeared first on Payments Cards & Mobile.
Long Read: Payment predictions for an industry in flux
Thanks to the pandemic, consumers have become accustomed to doing almost everything online, accelerating digital transformation and embedding new behaviours. After a 5% in global payment revenues in 2021, the... read more
The post Long Read: Payment predictions for an industry in flux appeared first on Payments Cards & Mobile.
E-commerce payment transactions to exceed $7.5 trillion globally
A new study has found that the value of global e-commerce payment transactions will exceed $7.5 trillion by 2026, from $4.9 trillion in 2021. This growth rate of 55% over... read more
The post E-commerce payment transactions to exceed $7.5 trillion globally appeared first on Payments Cards & Mobile.
Is 2022 the year that Banks finally change for good?
The more things change, the more they stay the same. Looking back at 2021 – which promised to be the year that the industry realised the full potential of data-driven transactions, instant... read more
The post Is 2022 the year that Banks finally change for good? appeared first on Payments Cards & Mobile.
