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With the potential to reach nearly another one billion people, instant payments are at the heart of a new global payments landscape. But what is driving interest, and can these new payments meet the immediate needs of today’s consumers, merchants and corporates?
Today, consumers expect and currently perceive instant or near real-time payments at a point of sale in a shop, online or on their smartphone when they make a payment. Individuals expect to be able to make a payment anywhere and at any time, and to pay for and receive their purchases as fast as possible. As for suppliers, they want the certainty of payment before they release their goods and services.
In Europe instant payments – also
Read full article » http://www.paymenteye.com/2018/09/11/instant-payments-to-reshape-market/
About | Paymenteye |
PaymentEye is a free-to-access media platform offering critical insight and thought leadership on the fast-moving global payments sector. The site attracts an audience of over 16,000 professionals from across the industry, including merchants, acquirers, issuers, gateways and PSPs.
PaymentEye provides frontline coverage of every aspect of the payments ecosystem, including interviews with senior figures at the biggest and brightest companies in the industry. We also help payment technology providers of all sizes drive awareness of their solutions and generate sales leads that convert.