DIGITAL PAYMENTS
“ Secure and seamless payments are more important than ever for businesses so it ’ s not surprising to see firms investing in this area and seeking out partners who can support them ”
STACEY STERBENZ
VICE PRESIDENT & GENERAL MANAGER , UK COMMERCIAL AT AMERICAN EXPRESS integrated into the Internet of Things ( IoT ), such as cars , appliances , and wearables that will make transactions part of our daily lives – with invisible payments , the challenge will be how we monitor , control and manage these as they all come back to a business or individual .
“ Sustainability and environmental considerations will also play a key role . Payment technologies will incorporate more eco-friendly solutions to minimise the carbon footprint of financial transactions .
“ In conclusion , the future of payments will be marked by a delicate balance between speed and safety . While speed is a valuable feature , ensuring the utmost security of payments is of paramount importance . A future characterised by biometric authentication , quantum-resistant encryption and ESG will redefine the payment landscape .
“ In this brave new world , payments will be both fast and secure , enhancing our daily lives while protecting our financial wellbeing . As we move forward , the focus on safety will be the cornerstone on which future payment technologies will be built .” fintechmagazine . com 101