Clearly Payments

MARCH 18, 2024

The future likely holds a dynamic ecosystem where both traditional and digital payment methods coexist, catering to the diverse needs and preferences of a globalized society. Below are some statistics and trends in the demographics of how people pay, including by age, income, and location.

Credit Cards 105

Credit Cards Federal Reserve FedNow Online and Mobile Banking 105

Stax

JULY 9, 2024

To check, simply contact your payment processing company to confirm. Peer-to-peer digital payments Venmo, PayPal, and even Facebook Messenger are examples of peer-to-peer electronic payment solutions. Q: What are peer-to-peer digital payments? Examples of these include Venmo, PayPal, and Facebook Messenger.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

JULY 25, 2019

Ives said, “Economic stratification and emerging payments trends around the globe mean businesses must strive for flexibility rather than totally reinvent their processes. Progress in the payments space isn’t just about what is possible … it’s determined, at least in part, by economic realities.”.

Online and Mobile Banking 75

Online and Mobile Banking Payments Cross-Border Alternative Payment Methods 75

The Fintech Times

MAY 7, 2024

Instant payments in the US ‘, surveyed 300 senior payment professionals in US banks to get a better picture of the demand for instant payments, the barriers to implementation, the challenges banks face, and other important payment trends. Nearly all (98 per cent) experienced some form of impact.

Instant Payments 59

Instant Payments FedNow RTP Zelle 59

The Fintech Times

JANUARY 10, 2024

Challenges in LatAm Many traditional payment methods are not widely available in certain countries in LatAm. Therefore large companies must be aware of the payment trends taking place in the country they’ve expanded to in order to properly test new products. Hector Jirau, Ph.D., Hector Jirau, Ph.D.,

Financial Inclusion 72

Financial Inclusion Economy Innovation Venmo 72

PYMNTS

DECEMBER 24, 2018

But in hopes of hopping on the holiday bandwagon — and providing data-backed insight in the hottest payment trends for 2019 — allow us to offer this list of a dozen ways that consumers (and some businesses) are paying now, methods that promise to play big roles in 2019. 7: With Biometrics.

Consumer 83

Consumer Online and Mobile Banking Debit Card Volume 83

PYMNTS

DECEMBER 23, 2019

Sheley explained that Visa’s efforts to expand throughout the money supply chain have historically stemmed from its services that enable cardholders to make payments. The solution has already been deployed by other partners in the ecosystem, including PayPal, Venmo, Square, Ingo Money and NovoPayment. The Network Opportunity.

Use Case 41

Use Case Cross-Border Cross-Border Payments P2P 41

FICO

DECEMBER 20, 2022

Since we are in the early stages for many new payment technologies, the steps FIs take in 2023 will shape how these new payment markets unfold. Here are my predictions on the payment trends for the next year, how they’ll create risks or opportunities in 2023, and what FIs need to watch out for with each of them.

Digital Payments 52

Digital Payments Scams BNPL ACH 52

Segpay

MARCH 6, 2025

Compliance and Reporting To maintain compliance with financial regulations like PCI DSS and GDPR, businesses must securely process and store payment data. Additionally, tracking payment trends and generating reports help in optimizing subscription models and improving financial forecasting.

Process 40

Process Payment APIs and Integration Payments Gateways 40

The Payments Association

JUNE 5, 2025

Social group variety: There was more variation in payment method preference in the ABC1 social group, with debit cards (28%), credit cards (24%), and digital wallets (21%) all receiving around a quarter of the vote. Compare this to the C2DE group, where 41% prefer using debit cards for online payments, with an online payment platform (e.g.

Payments Trends 88

Payments Trends Consumer Online and Mobile Banking Debit Card 88

PYMNTS

DECEMBER 24, 2019

Here are the 2019 payment trends that made the biggest splash, and promise to make even bigger splashes in the new decade. #1: Venmo also offers an example of P2P expansion. Consumer expectations have evolved, though, as evidenced by the uptake of P2P payment services , such as Zelle and Venmo.

Consumer 64

Consumer Zelle P2P Real Time Payments 64