In the age of the great consumer digitization, the fact that payments will go digital is not a question. What consumers want to know now is how fast can it be done, how customizable is the service, and how safely their funds will flow on the journey. The answers aren’t always easy, and the solutions are sometimes out of the box – but as demand grows, the question isn’t if, or even when, but how soon and how well.
$18T: Estimated value of instant payments that will be sent globally in 2025.
$4.4T: Value of digital payments to be made in 2020.
$2.8T: Amount to be processed through the Deluxe AR platform in 2020.
100%: Growth amount that alternative financial services firm Upgrade reported in 2020.
28%: Share of consumers who would abandon a site if it were breached by fraudsters.