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How AI and Real-Time Data Are Changing Merchant Payment Processing

Clearly Payments

Personalized Experiences: AI tailors payment options based on customer preferences and history, increasing conversion rates and repeat sales. A 2023 survey by PYMNTS found that 78% of merchants who use real-time analytics reported faster dispute resolution and improved cash flow management.

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Online Payments and the eCommerce Market in 2025

Clearly Payments

billion), marking a 41.72% increase in transaction value compared to January 2023. Emerging Payment Methods Buy Now, Pay Later (BNPL) The BNPL model has gained significant traction, projected to be the world’s fastest-growing payment method both online and in-store through 2025. In January 2024, UPI processed 12.20

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Defining “acceptable risk” in UK payments regulation

The Payments Association

Establishing a structured review process: Many existing regulations pre-date the digital payments era. The Financial Services and Markets Act 2023 Call for Evidence model may offer a useful precedent. A formal process for reviewing and updating outdated rules could help reduce unnecessary compliance burdens. Read More

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FPC 2023 Fall Member Meeting

Faster Payments Council

The Fall Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities.

FPC
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Payments Innovation in Indonesia to Drive Economic Growth and Financial Inclusion

Fintech News

But to fully realize the sector’s potential, stakeholders must focus on nurturing a robust ecosystem by enhancing capital access, attracting and retaining top talent and fostering a strong demand for payment solutions, a new report by Emerging Payments Association Asia (EPAA) says. The total number of QRIS users stood at 43.44

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India’s Digital Payment Revolution: A Decade of Unprecedented Growth

Fintech News

This impressive growth has been driven by various factors, the report says, including the swift expansion of digital infrastructure, the widespread popularity of the United Payments Interface (UPI) and other digital payment instruments, as well as changing consumer preferences towards digital transactions.

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An Overview of the Payments Ecosystem in 2024

Clearly Payments

Furthermore, global payment volume reached a staggering $31.7 trillion in 2023 , emphasizing the sheer scale and impact of financial transactions on a global scale. The proliferation of ewallet platforms and mobile payment systems over the past decade has also revolutionized the way consumers interact with financial services.