Payment trends vary between millennial and Gen Z consumers. See what ISVs and VARs need to educate their merchant clients about to optimize CX.
Payment trends for 2023 include mobile wallet payments on all channels, cross-border payments, buy now, pay later, and QR code payments. Ensuring secure, future-proof payments solutions is essential.
During times of rising inflation, solutions providers can partner to give merchants capabilities to keep up with payment trends, including BNPL and increased credit card spending.
More U.S. consumers used mobile wallets and contactless payment cards during the pandemic, making them familiar with their convenience, speed, and touchless features. Now, good customer experiences will include giving consumers the option to use them.
Payment trends accelerated by the pandemic such as omnichannel, touchless and self-service will continue, and emerging trends such as biometric authentication, payment apps and artificial intelligence (AI) will pick up momentum.
There’s a good chance you’ve encountered some prospects who are tough sells for integrated payment processing. By pointing out the long list of benefits and the new capabilities a feature-rich integrated payments system can provide, however, you can overcome almost any objection. Include these three facts in your discussions with reluctant prospects: 1. If you […]
Approaching a new year and a new decade, payment trends indicate that significant changes are ahead. Here are five forces that will shape the payment solutions you provide to your customers in 2020 and beyond. 1. A new generation To stay relevant, merchants spent the last decade replacing long-standing processes — and perceptions — […]