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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.

Industry 471
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mPOS At 37,000 Feet

PYMNTS

With the global mobile point of sale (mPOS) market projected to experience a compound annual growth rate (CAGR) of 18.8 percent from 2017 to 2026, many solution providers are looking to use partnerships as a boost to snag a bigger share of the growing market. In the January mPOS Tracker , PYMNTS charts the latest developments.

Software 220
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Digital Payments Advance In India And Africa

PYMNTS

Online retail continues to grow in the country, and that market could hit $200 billion by 2026 if one goes by a Morgan Stanley estimate. That market will grow at a 30 percent compound annual growth rate (CAGR) until then. “An Digital payments, FinTech and eCommerce are expanding slowly, but surely, in Africa.

Payments 132
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Deep Dive: Making Smarter Payments Safer

PYMNTS

More Data, More Innovation. financial services sector as consumers embrace digital technology for the banking and retail industry. Adoption of digital payment technologies is poised to grow significantly among U.K. market is seeing an uptick in faster and real-time payments transactions. The market completed roughly 1.3

Payments 180
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Virtual Assistants Join The Corporate Finance Team

PYMNTS

Increasingly, as consumers become more comfortable interacting and conversing with virtual bots and digital assistants, these technologies are stepping into corporate finance departments and finance teams, too. Polaris Market Research says intelligent virtual assistant technology is expected to be a $21.5

Analytics 147
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Today In Data: Corporate Travel Spend, UK Cash Is King And Cannabis’ Growth

PYMNTS

When it comes to payments and technology innovations, some industries are seeing massive growth, and others are seeing declines. trillion | Amount the Global Business Travel Association (GBTA) estimated global travel and expense management market corporate travel spend was worth in 2015. $70 Here are the numbers: $1.2

Data 116
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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. percent between 2017 and 2026. In markets like the U.S.,

San Diego 130