Dublin, May 03, 2022 (GLOBE NEWSWIRE) -- The "Six Key Payments Trends for 2022" report has been added to ResearchAndMarkets.com's offering.
This report explores six of the most important trends in the payments market in 2022: mobile payments, online payments, alternative payment systems, fraud, regulation, and ESG. Each of these trends is analyzed using proprietary data and extensive research.
Mobile payments and alternative payment tools are all pushing towards digitization of payments by offering a convenient and secure way for consumers to pay digitally while taking advantage of smartphones' native features.
New payment solutions are being developed and adopted faster than regulatory bodies can review them, which causes gaps in regulation that hurt consumers. Regulators need to address such gaps, reining in sectors such as buy now pay later (BNPL) and cryptocurrency that could represent massive losses for both consumers and merchants.
The growth of mobile payments is forcing merchants to focus on providing services that are more suited to mobile shopping by streamlining the shopping process and taking advantage of smartphones' native technology.
The development of interoperable instant payment infrastructure is rapidly occurring in the ASEAN region.
A growing number of central banks are conducting research on using blockchain technology to create digital currencies.
Innovative fraud management solutions will be needed to protect from the growing threat of online fraud and cyberattacks.
Key Topics Covered:
Alternative Payment Rails
Environmental, Social, and Governance
International Monetary Fund
Bank for International Settlements
For more information about this report visit https://www.researchandmarkets.com/r/pfpti2
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