New technologies are needed to meet customer expectations and their desire to pay in more ways than before.
J.D. Power's 2024 U.S. Merchant Services Satisfaction Study finds 54 per cent of small businesses accept BNPL and that those operations score the relatively new way to pay highest among payment methods, with a 744 score on a 1,000-point scale.
From the study, Carat found older and retired Americans are more likely to prioritize security (40%) and millennials prioritize the speed of payment delivery (29%)
Instead of modifying decades-old transaction infrastructure, Spade provides better fraud protection by creating a new system. Customers like Sardine, Mercury, Unit and Ramp have improved their fraud models by more than 15% using Spade's real-time merchant intelligence for the card ecosystem.
Providing customer service is expensive, particularly when it comes to payments. And people prefer to do self-service anyway as long as you give them easy options.
Mexican fintech Kueski announced a partnership with Amazon to offer BNPL on its marketplace, a first for the retail giant in Mexico.
Walletmor is the world's first globally acceptable and fully bio-secure payment implant. This seemingly futuristic payment model is available today.
Tassat's blockchain network for B2B real-time payments has processed over $800 billion in transactions. FedNow could supercharge capabilities.
Addressing an issue of trust in cross-border purchases, pay after delivery removes the financial concern of long delivery times.
Pinwheel’s partnership with payroll provider Workday company One Source Virtual (OSV) ushers payroll into the same convenience levels as other areas of finance. It will also help banks achieve primacy with their customers.