From card issuers and acquirers to gateways, payments providers are working to embrace new technologies and keep pace with the changing consumer requirements. This is resulting in a dramatic change in how payments products are built and utilized. A variety of trends are emerging as part of this transformation, which are reshaping the payments value chain. Digital trends are reshaping this distribution model, with payments migrating into native apps, POS software, wallets, and other connected environments.
Mobile is everything today. More than half of the global population owns a smartphone, and many consumers are choosing to conduct e-commerce transactions mainly via mobile devices. While wallets such as Samsung Pay, and Apple Pay were initially slow to take off, adoption of mobile wallets is increasing largely.
Contactless payments that are similar to EMV are also being widely adopted. The card is equipped with an antenna that can communicate with the payment terminal, allowing customers to pay quickly by simply tapping the card near the terminal. Banks and payment companies now have a seemingly endless list of partners to align with, running the gamut from application developers and technology partners to emerging payment gateways and ISVs.
The market today is replete with a multitude of payment solution providers to assist businesses. To help organizations select the best vendors that offer the most promising solutions, CIOApplications Europe presents an exclusive edition of payment and card solution providers.
A distinguished panel of prominent CEOs, CIOs, VCs, and analysts, along with the CIOApplications’ editorial board has assessed hundreds of solution providers and shortlisted the ones that are at the forefront of providing cutting-edge payment and card solutions. The listing contains a look into how the solutions in this domain are put into use so that you can gain a comprehensive understanding of how they will optimize business processes.
We present to you “Top 10 Payment and Card Solution Providers - 2019.”