2024: The year of payment innovations - an outlook on upcoming trends
The world of payments is evolving rapidly! We are convinced that the following trends will shape payment transactions in 2024:
- Social media payments
Social platforms are becoming payment hubs! Shopping directly via social media is becoming a reality, with purchase and payment integrated into one simple process. - Payment orchestration
Standardized payment management will be crucial! Orchestrating payments enables conversion rates to be increased across all sales channels. - Corporate Fintech
Fintech is becoming increasingly relevant not only for consumers, but also for companies. With corporate fintechs, companies bundle competencies in independent companies. - Instant payments
Real-time payments will become the norm! The future of payments is lightning fast, made possible by innovative technologies.
- Digital currency
The future could be characterized by cryptocurrencies and central bank-supported digital currencies; with the digital EUR, we will see the dawn of a new world in the next few years. - Buy now, pay later
Flexibility in shopping is key! The ability to buy now and pay later continues to grow in popularity and is changing the way consumers shop. - AI Payment
Artificial intelligence is also revolutionizing payments! Developments are currently focused on increasing efficiency, but new applications will emerge in the future.
For more information:
innovations – an outlook on upcoming trends