FOREWORD
RETAIL PAYMENTS : EMBRACING DIGITAL WALLETS , BNPL & POS SYSTEMS Fintech capabilities have skyrocketed in the retail industry , propelling payments forward for retailers and consumers . Here , we look at the leading innovations
“ FROM ONBOARDING
CLOUD-BASED SYSTEMS TO ENHANCED PERSONALISATION DURING PAYMENTS ,
THE RETAIL INDUSTRY IS ON A PATH TO REVOLUTIONISE
CONSUMER INTERACTIONS ”
FINTECH MAGAZINE IS PUBLISHED BY
In today ’ s retail space , the payments landscape is transforming . Consumer preference for digital wallets is higher than ever before , with McKinsey & Co predicting digital wallet transactions to hit US $ 16tn globally by 2028 .
Now , retailers are reacting to this shifting market trend by onboarding the latest payments technologies , signing fintech partnerships to offer buy now , Pay later ( BNPL ) services to customers , and leveraging the newest point of sale ( POS ) innovations to make payments as seamless as possible .
From onboarding cloud-based systems to enhanced personalisation during payments , the retail industry is on a path to revolutionise consumer interactions .
In this issue , we ’ ll also delve into the relationship between fintechs and insurers , and look at what ’ s next in an era of Open Banking .
Don ’ t forget to check out our Top 10 too , where we focus on the leading global technology companies today .
And , as always , you can catch more on the latest insights and announcements from the world of fintech over on our website . Just head to fintechmagazine . com .
Enjoy our latest issue .
LOUIS THOMPSETT louis . thompsett @ bizclikmedia . com © 2024 | ALL RIGHTS RESERVED fintechmagazine . com 5