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Ep154: What are the key payments trends of 2021?
Published 5 years, 2 months ago
Description
Daniel Kornitzer, Chief Business Development Officer, Paysafe
UK-regulated Paysafe is an online payments specialist operating around the world. The firm has identified 10 likely trends in payments for 2021:
- The impact of PSD2 on biometric authentication
- Real-time payments goes global
- A renewed focus on 5G
- The subscription model grows in popularity
- Paying with crypto goes mainstream
- AI and machine learning as the cornerstone of fraud prevention
- Digital loyalty apps and payments on the rise
- COVID-19 accelerates the divergence of digital payment methods
- Payments becomes a tool to track spending
- Further growth of digital peer-to-peer payments
Daniel Kornitzer of Paysafe highlighted some of the key issues to Robin Amlot of IBS Intelligence.