t’s never been a more exciting time for payments as continued advances in tech usher more people and businesses into the digital economy, driving demand for trusted interactions and raising the bar for simplicity and seamlessness
Within just the past few years, payments have transformed entirely argues Mastercard. Tap to pay has become even more prevalent, traditional financial institutions are exploring blockchain, and generative AI is emerging as critical to boosting fraud protection rates by as much as 300%.
Borders are no longer barriers to global trade, instant access to earnings is the expectation, not a perk, and paper cheques and physical wallets are fast becoming museum pieces — at least among younger consumers.