The future of payments: Adapting to the modern consumer and evolving payments landscape

The future of payments: Adapting to the modern consumer and evolving payments landscape

The payments landscape is constantly shifting due to ever-changing consumer behaviours and new transaction methods. Subsequently, navigating the complex and fragmented payments landscape has become integral to any business looking for success in a digital landscape.

IDC forecasts that by 2030, 80% of consumer payments will be handled by nonbanks through mobile and connected devices. New modes of payment such as buy now, pay later, mobile wallets, and cryptocurrency are steadily becoming must-haves to stay competitive. Companies must provide a frictionless payments experience equipped with modern payments technology to gain an edge and drive revenue.

• What are the emerging trends across the payments landscape, and what do they mean for you and your customers?
• What challenges do companies face in the evolving payments landscape? How can smart investments in payments technology create additional revenue streams and unlock new customer segments?
• What does the future of payments look like? How are adaptive businesses adopting modern payments technology to gain competitive advantage?