01/11/2024

Payment Trends to Watch for in 2024

Some will make payments safer and more efficient

As a new year begins, there are payment trends that are predicted to make an impact in 2024. These trends will likely influence how merchants run their business and how consumers choose to buy products and services.

Here are the some of the top trends that experts are predicting will continue to evolve in the payments industry in 2024.

Top Payment Trends for 2024

Artificial Intelligence (AI)

AI has the potential to transform the payments industry by gradually being integrated into operations and products of financial institutions and merchants across the globe. This technology can help overcome challenges with data privacy, information accuracy, personalized customer service and more. AI has the potential to make payments safer and more efficient in the future.

Please select this link to read the complete blog post from OSAP member i3 Commerce Technology.