. Apple Pay's momentum has been fueled by its rapid expansion strategy, the mobile wallet is currently live in 27 markets, but growing its features for new use cases could also be an integral part of attracting new users in the US.
It uses forecasts, case studies, and product developments from the past year to explain how digital transformation is impacting major payment processing industry segments and evaluate the pace of change. Finally, it highlights five trends that should shape the payments industry in the year ahead, looking at how regulatory shifts, emerging technologies, and competition could impact the payments ecosystem.Behind the scenes, payment processes and stakeholders remain similar.
The competitive payments industry landscape will shift as companies pursue joint ventures to grow abroad in response to geopolitical tensions, or consolidate to achieve rapid scale amid digitization.