3/16/2023 0 Comments A rising tide far cry 6(5)Ī radically different financial architecture is here. ![]() It’s called white label infrastructure where the bank or merchant’s branding is simply laid over the third-party program. That’s because all of those banking or merchant activities are outsourced to a third party, it’s not the bank or merchant. (4)īrands can’t afford to ignore the power of poor digital experiences or risk being canceled. More than one-third (38%) of Gen Zers say they allow a brand just one second chance to fix a mistake, then, never mind, I’ll find someone like you. And frankly, on the user end it can get aggravating.īrands are vulnerable to losing younger consumers who are less tolerant of poor digital shopping experiences and will quickly move on from brands. This is partly due to the antiquated digital systems many banks and merchants are using to conduct transactions. Why do we need to juggle two, three or even four third party accounts to manage our day-to-day? (3) With all the financial technology out there, why is moving money from person to person, business to business, or paying for goods and services in cry-pto still seem like some faraway fantasy? While there are several large-cap financial institutions attempting to gain a foothold in this space, one small-cap company that appears to be extremely well-positioned for this trend is AppTech Payments Corp. The massive shift from traditional payments to digital payments could present a tremendous opportunity for technology companies in the Fintech Space. There are many reasons why digital payments are becoming more popular.įor businesses, digital payments can help to reduce costs associated with processing traditional methods of payment, such as credit cards and checks.ĭigital payments are also more secure than traditional methods, which can help to prevent fraud and other crimes. The future of digital payments looks extremely bright, with more businesses and consumers embracing this convenient and secure way to pay. ![]() In addition, the number of people using digital payment methods is increasing.ĭigital payments are on the rise as consumers shift away from traditional methods of payment. This is due to the increasing use of smartphones and the internet. ![]() The digital payment market is growing at a rapid pace and is expected to surpass $19 trillion by 2026.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |