As consumers continue to swap their cash and paper checks for digital payments, businesses are taking note.
Convenience, speed and security are driving the use of digital payments across all categories: online, inside a mobile app, through a peer-to-peer payment platform, and in-store via a digital wallet. They have become so ubiquitous that more than 90% of consumers said they used some form of digital payment over the course of a year, according to McKinsey’s 2023 Digital Payments Consumer Survey.…The rise of digital and real-time payments creates opportunities for businesses
As consumers continue to swap their cash and paper checks for digital payments, businesses are taking note.
Convenience, speed and security are driving the use of digital payments across all categories: online, inside a mobile app, through a peer-to-peer payment platform, and in-store via a digital wallet. They have become so ubiquitous that more than 90% of consumers said they used some form of digital payment over the course of a year, according to McKinsey’s 2023 Digital Payments Consumer Survey.…