CLUSTERS
Payment systems
Understanding behavioral changes and expectations in a cashless world.
Incumbent banks typically earn income from payment processing services and help merchants set up payment systems. Fintechs are offering simpler, faster and more innovative payment solutions – with nearly half of all Fintechs focusing on payments. New consumer functionalities are transforming the way customers interact with their banks.
Key trends

Mobile payments

Integrated billing

Micro-payment

Streamlined payments

Next generation security