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Some of them have been mandated by governments, readying for anticipated demand. As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B).
The waning is simply — at least for now — a function of demand, and what we’re seeing is typical of a recession. The resilience will translate into a recovery in the demand for paper checks, McCarthy predicted, likening the upswing, in visual terms, to the famed Nike “swoosh” — up and to the right. What Happens In A Recession.
The persistence of legacy infrastructure can often throw sand into the wheels of digital payments progress at the very same time that consumers demand innovation — and options that are faster, cheaper and evermore secure. Supply and Demand. The ability to keep up with consumer demand is the crux of any capitalist enterprise.
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