Payfiniti.co’s Post

🤳 The total number of payments made in the UK in 2023 increased by 5% to 48.1 billion – with 38% made contactless. #cash #cashlesspayment #consumerfinance #finance #mobilebanking #onlinebanking #payments #paymentsservices #uk

Is #cash no longer king? Our recent research uncovered a steady move toward digital #payments. Get more details on this trend and others in our full 2024 State of Payments report here: https://bit.ly/4dqChlx

payabl. Survey Shows Instant Payments Seen as Biggest Opportunity for Growth, Alongside Overwhelming Industry Optimism “While essential for maintaining security and trust in the payments landscape, regulation is one of the biggest challenges for innovation in the sector. To unlock the full potential of the payments industry, it’s crucial that we work towards creating a regulatory environment that balances security with room for innovation, growth and development,” said Ugnė B., Group CEO at payabl. “Streamlining regulatory frameworks, education around what the regulations mean in practical teams, and collaboration and open communication between regulators and the industry is key to driving future progress and keeping pace with the evolving needs of consumers and businesses.”   “We’ve seen a significant competitive transformation in the payments ecosystem over the last year or so. There has been a clear shift towards a more collaborative dynamic between key players, where adaptability and cooperation are key for success. Those who can excel in the dynamic of collaboration are the ones who will see the greatest overall success and sustainability.” https://lnkd.in/eBnsBiyR Money20/20 #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews #money2020

With changes in regulations and market dynamics shaping the #payments landscape, financial institutions are looking for ways to reduce expenses and positively impact their bottom line. In our latest payments article, Understanding Net Interchange Begins with a Solid Payments Strategy, we highlight key measures for reducing transaction costs, improving profit margins, and gaining a competitive edge. Click the link for other ways to improve the health of your payments portfolio.  https://lnkd.in/gzA6wSNv #banking #interchange #costreduction

Interchange, fees and regulations can be confusing! Take a peak at the below for some clarity and actionable insights #interchange #payments #creditunion #financialinstitution #cardprocessing #debitcard #creditcard

With our payment gateway, saving time and resources is as easy as clicking a button. . . . . . #finmatric #payments #BankTransfer #fundtransfer #fastsettlement #paymentgatewaynitegration #paymentprocess #paymentgatewayapi #paymentgateway

Missing out on your payments news? We bring you a summary of some of the news highlights over the past months. Find it here: https://lnkd.in/dtDn9PAg #payments #crossborder #realtimepayments #financialiclusion #mobilemoney

Trends in #paymentsmodernisation: What are the most significant trends in payments modernisation currently observed in the UK and EU? Find out in part 1 of our latest interview with Nadish Lad at Money20/20! 🌐💡

While international payments have always had a level of complexity, technological advancements and regulatory changes have simplified the process, although a lot more needs to be done in this regard. : To learn more Visit www.xchangely.com Write to Us at corp@xchangely.com : : : : : : #xchangely #payments #fintech #business #paymentsolutions #ecommerce #paymentprocessing #money #merchantservices #finance #banking #mobilepayments #paymentgateway #creditcards #crossborder #technology # #onlinepayments #digitalpayments #globalliquidity

Are you offering #MyBank as a #payment option to your customers? As you may know, making #payments with 𝐌𝐲𝐁𝐚𝐧𝐤 is exceptionally straightforward. However, to ensure a 𝐬𝐞𝐚𝐦𝐥𝐞𝐬𝐬 𝐬𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞, it’s crucial that you provide them with 𝐜𝐥𝐞𝐚𝐫 𝐢𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧 on how it works. Here is a quick 𝐠𝐮𝐢𝐝𝐞 that outlines the 𝐌𝐲𝐁𝐚𝐧𝐤 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐩𝐫𝐨𝐜𝐞𝐬𝐬. Make sure you share it with your customers! ⬇⬇⬇ https://lnkd.in/eXX3jZpF #digitalpayments #account2account #A2A #alternativepayments