02 Jul VIDEO AND BLOG: Digital Payment Innovations Across Sub-Saharan Africa
As transactions rise, a number of other technological innovations could be instrumental to shaping the evolution of the digital payments industry: 1. Messaging-app payments 2. Voice-activated commands 3. Peer-to-peer (P2P) payments 4. Cryptocurrencies 5. Biometric payments 6. Facial recognition 7. Crypto wallet adoption 8. Hardware & in-store interfaces The $4.1T digital payments ecosystem is facing a notable transition, catalyzed by a wave of global advancements and disruption. As the industry continues to widen its reach, consumers and investors alike can benefit from the shift towards a cashless economy. THANK YOU FOR INSPIRATION TO https://www.visualcapitalist.com/digital-payment-adoption/Notes for Video: The Future of Digital Payments
Facebook Messenger, WhatsApp, and WeChat can leverage the reach of billions of users.
Paying for gas, groceries, or retail via voice could soar.
Bank of America and Visa are investing heavily into P2P partnerships.
Over one million transactions take place daily on average.
Smartphone biometric security features could spur traction across digital payments.
May soon replace QR codes across retail, transit, and airports in China.
Blockchain wallet users are predicted to soar to 200 million by 2030.
Square, Stripe, and Clover are driving new mobile processing integrations.