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 94

Credit Cards Federal Reserve FedNow Online and Mobile Banking 94

Stax

JULY 9, 2024

In 2019, 77% of US consumers were using at least one type of digital payment system. What has grown more significantly is the number of electronic payments and alternative payment methods consumers now use. To check, simply contact your payment processing company to confirm.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

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

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