Category: Trends
Explore the transformative potential of ISO 20022 payment standard, revolutionizing payment standards and driving digital innovation. Unlock efficiency and collaboration in your payment infrastructure with this universal standard.
Digital payments growth accelerated across the world in 2022. Many of the payment trends that ruled last year will continue to play a major role in 2023. What are the insights on key trends that will define global payments in 2023? Read on to know what will shape payments this year.
For small business owners looking to accept digital payments, e-wallets are an easy and secure method that is also hugely popular. Payments can be a tricky area to navigate for many small and medium-sized business owners. In this article, we tell you why they are one of the best choice for small business owners who want to accept digital payments.
As peak sales season approaches, e-commerce merchants must prepare well for the rush. You must prepare your business, especially your payments, to make the most of this peak season. Many retailers face payment failures, higher fraud, and high payment costs because of ill-prepared payment systems. In this blog, we lay out five ways how payments can help.
Continuing demand for choice, value, and flexibility is driving the rise of digital payments worldwide. And this transformation is moving faster than anyone anticipated. E-commerce businesses have to tap into these trends to stay competitive and build greater brand loyalty in the future. Find out the three most essential payment trends.
Consider this. Subscription businesses have grown by more than 400% over the last nine years. This is about five to eight times faster than traditional businesses! Subscriptions can help you to boost revenue and deepen engagement with your customers. But, managing them can pose their own hurdles. Learn how you can get the best out of your subscription payments.
Card payments across Europe totalled over € 3.8 billion in 2020. And as contactless buying soars, virtual cards are coming into their own.
The widespread emphasis on dynamic flexibility and interconnected solutions for a post-COVID economic resurgence is indicative of digitalization’s strong influence on global decision making, as well as, its value building abilities in the face of a global challenge. And contactless payment solutions are an important indicator of this.
In July 2020, the maximum limit for instant payment transactions will be raised from € 15,000 to € 100,000. This is expected to increase acceptance of real-time transfers and is expected to drive the development of the associated infrastructure.