Drivers of Change in Payments 

Modernising Payments to Create New Value

In 2021, global e-commerce transactions increased by 14 percent and e-commerce volume is projected to pass $8.3 trillion in 2025. Over half of e-commerce spending is expected to occur via mobile devices and this digitisation of global commerce has significantly increased merchant demand for payment innovation to create seamless customer experiences.

BPC, in collaboration with research and advisory firm Aite-Novarica Group launched a new report “Drivers of Change in Payments: Modernising Payments to Create new Value” to give payment providers a forward-looking view of the evolution of payments and investment drivers for modernisation. The findings from  the joint report will provide an outline on:

• The need for payment providers to support multiple payment methods 
• Increased competition and how to maintain strong margin with low prices
• Importance of embracing new payments technologies that can streamline processes and mitigate risk

With this report, organisations can create a forward-looking view of the evolution of payments, and the drivers for investment in payments modernisation.

Download your free copy of the report and reach out to our experts for more insights.