Merchants are aiming to meet the expectations of increasingly demanding consumers while still maintaining operational efficiency, reports SIX Payment Services.
Extra credit and debit card charges will be outlawed in the UK by January 2018, but some argue this is not enough.
A Capital One survey suggests that the majority plan to implement commercial card tools and services over the next year.
Australia, Japan and other signatories to the proposed trade deal plan to move forward despite president Donald Trump’s decision to withdraw US membership.
A credit card with a built-in fingerprint scanner rather than a PIN or signature to authorise payment is currently being trialled in South Africa.
Careful planning means that the benefits innovation and digitisation can be extended to include the economically marginalised and not only those within the formal financial system.
The region’s consumers are steadily giving up their reliance on notes, coins and cheque books, but not all corporates are making similar progress.
Customer expectations are driving the instant payments demand, but are technological companies ready to meet them?
A study of consumers across 20 countries found only three where more than half those surveyed trusted merchants’ ability to protect their data.
Unique ID, full checkout in electronic commerce and marketplace settlements will all feature in the year ahead, says SIX Payment Services.