The Future of Payment Processing
Payment processing is evolving fast. Mobile wallets, real-time payments, and contactless transactions are growing, while traditional methods like checks are fading. Mobile wallet transactions jumped from 2.9 billion in 2016 to 144 billion in 2022, overtaking check payments. Contactless transactions now account for 25% of all U.S. transactions, up from 3% in 2017. Retailers and […]