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

Perficient

Security/Biometric Payments With the widespread popularity of digital payments continuing to grow, security remains at the forefront of concern for payment companies and their vendor partners. Both Visa and Mastercard rolled out pilot biometric payment cards in 2022. million this year and 94.4 million in 2024.

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Pride Vendors Look To Triple Sales With mPOS

PYMNTS

percent between 2017 and 2026. Companies across the globe are innovating their mPOS solutions for faster, more secure services. Some companies, such as French sporting goods retailer Decathlon , are turning to QR codes as they expand to new markets, notably the U.S. Around the Mobile Point-of-Sale World. In markets like the U.S.,

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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. The card giants still have the lion’s share of monthly payment transactions in terms of value. Greenfield Opportunity For Payment Heavyweights.

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How the youngest consumers could secure the future of cash

NCR

When it comes to planning strategy and investment across retail banking channels, financial institutions (FIs) should acknowledge that, for younger consumers and millennials in particular, cash still has an extremely important part to play. The post How the youngest consumers could secure the future of cash appeared first on Banking.com.

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The Future of Checks – Tales From The Crypt

South State Correspondent

The rise of card-not-present transactions for phone and then e-commerce, starting in 1994, cannibalized check volume, as did Paypal, retail ACH for phone and internet transactions in 1998. The debit card started to rise in popularity in 2004, as did an explosion of ATMs in 2005, affording the general population more access to cash.

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How Digital Verification Creates Seamless Experiences For Shoppers

PYMNTS

These are just some of the ways merchants – as well as technology providers – are using biometrics or other digital innovations to onboard customers or help them make purchases: Almost three quarters – or 74 percent – of customers consider security the most important element of their online experience.

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Amazon Vs. Alibaba: How The E-Commerce Giants Stack Up In The Fight To Go Global

CB Insights

BRIEFING: Surviving the Retail Apocalypse. How are brick-and-mortar retailers surviving and adapting in the world of digital commerce? They also know how successful a retailer can be if it builds a leading e-commerce presence and brings a country into online retail. First Name.