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Payments trends report 2024

The Payments Association

Generational trends show younger users leading the adoption of digital wallets and stored credit cards, while older demographics continue to prefer traditional methods like bank transfers and debit cards, underscoring the need for inclusive payment solutions.

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Top payments trends for 2024

Bank Automation

Industry experts predict adoption of real-time payments as well as the increased use of FedNow and digital wallets in 2024 as consumer demand for instant payments continues to grow. “We are now seeing a major shift in this direction for real-time payments and can expect to see this continue into 2024,” Zur Yahalom, senior […]

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5 Top Payment Trends Impacting Asia in 2024

Fintech News

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. This evolution presents a fascinating panorama of trends that are set to redefine the way financial transactions are conducted. billion by 2033, with a CAGR of 12.2%.

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Riding the Wave: Asia Payments Trends Show Digital Payments on the Rise

Fintech News

This trend is persisting beyond the pandemic, solidifying digital payments’ position as the preferred mode of transaction in the post-COVID era. Trends impacting the Asian payments ecosystem Asia is witnessing a significant transformation, mainly driven by the Instant Payment trend.

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The future of payments: Key trends that will shape 2025

The Payments Association

From pay-by-bank solutions to futuristic voice-activated payments, 2025 promises to bring significant advancements. Key payment trends in fintech for 2025 The payments landscape will continue becoming more diverse and consumer-focused. Open banking, or pay-by-bank, is another trend to watch.

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Five payments trends to watch closely in 2025

The Payments Association

2025 payment trends focus on digital wallets, instant payments, AI, fraud prevention, and consumer convenience, driven by evolving regulations and innovation. As the payments landscape evolves, businesses face increasing pressure to adapt to technological advancements and changing consumer expectations.

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SNEAK PEEK: In the mind of the merchant: Top challenges and priorities for the next 12 months

The Payments Association

Merchants need to continue adapting to new payment methods, collaborate with industry peers, and stay agile in balancing innovation and regulatory compliance. As the payments ecosystem continues to evolve with innovations like open banking, instant payments, and tokenisation, merchants are facing a host of challenges and opportunities.