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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder.

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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

While some markets may be seeing relatively slower adoption of mobile point-of-sale (mPOS) than others, there’s no denying that the overall popularity of mobile and contactless payments are growing fast among consumers. percent between 2017 and 2026. Around the Mobile Point-of-Sale World. In markets like the U.S.,

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Deep Dive: The State Of mPOS In North America

PYMNTS

Mobile point-of-sale (mPOS) solutions have enjoyed widespread uptake in much of North America, and the region’s related market could see continued growth if solutions providers, government officials and other stakeholders play their cards right. percent between 2017 and 2026. percent between 2017 and 2026.

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Today In Data: Intelligence Of Things Pushes Innovation

PYMNTS

The contactless payment-enabled smartwatch will allow its users to make payments before, during and after their workouts, all without having to carry a wallet, payment card or smartphone, and all with just the flick of a wrist. Here are the numbers: 1.8 million | Expected number of wearable devices that will be sold this year, a 16.7

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TRENDING: Can Escrow Disbursements Ease Gig Worker Payment Woes?

PYMNTS

In the May edition of the Disbursements Tracker , PYMNTS highlights some of the notable disbursement developments changing the way employees get paid, such as with digital escrow tools, and how borrowers, including small- to medium-sized businesses (SMBs), can access capital through their debit cards and instant deposit services.

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Is India’s ATM Disappearing Act A Digital Payments Boon?

PYMNTS

That comes as eCommerce is slated to be worth as much as $200 billion by 2026 , according to Morgan Stanley estimates, growing at 30 percent, compounded annually. In the world of mobile money, competition and competitive advantage revolve around data. Greenfield Opportunity For Payment Heavyweights.

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Construction Is Trying — Really — To Move Away From Paper

PYMNTS

Contractors typically have limited cash flow , and 46 percent of them must use personal savings and credit cards to cover the gaps left by late payments — which can serve to delay payrolls, too, and make it harder to retain labor when unemployment is low. ” But other figures give that situation a dimmer tone.

Software 105