Top Ways New Payment Methods Can Improve Our Financial Future

Payments Leader

Posted on November 20, 2015

Featured-Top Ways

With Square going public yesterday we evaluate the ways innovative new payments can improve our future financial lives.

Cashless

As cards become more beneficial for consumers the need for cash for small denomination purchases will become lessened.

Data Increase

With an increase of electronic payments also come an increase in data collected to better understand spending behaviors and habits.

Fast

The transaction time to transfer funds between accounts will significantly reduce and technology improves.

Cost Reduction

Streamlining processes and building new technology on existing infrastructure will reduce costs for new electronic transactions and execute electronic transfers.

Secure

Transactions across the globe will become more secure and transparent greatly reducing the opportunities for fraudulent activities. This leading to a greater piece of mind for consumers and businesses alike.

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Payments Leader

Payments Leader from FIS provides insights on credit, loyalty, fraud and emerging payments strategies through blog posts from our industry experienced authors.