74% of digital consumer payments may be conducted by non-FI platforms by 2030

74% of digital consumer payments may be conducted by non-FI platforms by 2030

Source Node: 2013572

LONDON — Consumers continue to utilize embedded payment options regularly— from Amazon purchases to digital wallets and even the Starbucks app. “It’s predicted that 74% of digital consumer payments globally will be conducted by platforms (from) nonfinancial institutions by 2030,” Martin Hyde, EMEA partnerships lead at JPMorgan Chase payments, said Wednesday at the FinovateEurope event […]

Time Stamp:

More from Bankinnovation