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Blog: Payment Trends

Payments-as-a-Service by Austin Distel on Upsplash

Increase Revenue & Reduce Cost with Payments-as-a-Service

4 Key Benefits of Payment-as-a-Service Platforms As the global economy becomes increasingly connected, business owners everywhere cannot afford for their payments systems to lag behind. More complex compliance demands, along with evolving consumer behaviors and increased instances of fraud all…

  • February 25, 2021
Banks must prepare for ISO 20022.

What Is ISO 20022? Answers and Tips on How to Prepare

ISO 20022 explained. ISO 20022 is becoming the global common standard for data-rich financial messaging. Over the next few years, it will become the financial messaging standard for banks and the global financial industry — and it will affect everything…

  • February 19, 2021
An omnichannel experience as a customer shops in store and on his phone.

Omnichannel Commerce Tips For Growth-Minded Merchants

Create a better customer experience across every touchpoint. Consumers can now use as many as six different touch-points when buying a product and 90 percent say they have high expectations for omnichannel commerce experiences. – CX Today What Is Omnichannel…

  • February 11, 2021
IoT and Payments

3 Ways the IoT and Payments Are Revolutionizing Commerce

Prepare for the coming wave of internet of things enabled payments. The IoT (internet of things) sector is growing by 15% every year, according to payments and banking analysts (Mercator Advisory Group). There are now more connected devices, like fridges,…

  • December 29, 2020
Progressive Web App Examples

6 Progressive Web App Examples To Inspire You (with Pictures)

Inspiring ways businesses are using PWAs to reach and engage users. Mobile websites are fast, easy and inexpensive to produce, however, the user experience is not as good as that of a mobile app. Developing and maintaining a mobile app…

  • December 28, 2020
Payment Processing Software

5 Benefits Your Payment Processing Software Should Provide in 2021

Look for Payment Processing Software with These Features To Power eCommerce Growth Having great payment processing software will be critical to merchants who wish to capitalize on the global ecommerce market, which is projected to be worth $5 trillion in…

  • December 11, 2020
A young man uses an online payment method while sitting outside at a cafe.

FinTech Magazine’s Picks for Best Payment Processor

FinTech Magazine has Named Rapyd a Best Payment Processor on Their Top 10 Payment Companies List According to FinTech, Rapyd was included because we are “allowing consumers to access one of the world’s largest payment networks featuring over 900 locally-preferred…

  • December 3, 2020
A young man smiles while holding a smartphone and using a wallet payment method.

Digital Wallet Payment Method Pros and Cons for Merchants

What You Should Know When Exploring eWallet Payment Solutions   Globally, digital wallet payment method adoption is projected to exceed 1.3 billion consumers by 2021, with Asia Pacific and some European markets leading the way. (Fintech News) Smartphones are now…

  • November 25, 2020
A woman holding a package from an online ecommerce subscription service.

The Rise of the Subscription Payment Model

Subscriptions and Recurring Billing are Transforming Business Models Across Industries Across all businesses, subscription payment models are changing how consumers read, listen to music, manage their fitness, watch television and so much more. What is behind this trend and why…

  • November 11, 2020
A man using contactless payment technology to withdraw from an ATM.

3 Trends that Prove the Future of Retail Is Contactless Payments

Consumers’ Pandemic-Related Aversion to Cash and Coins has Fundamentally Shifted Global Payment Preferences According to Rapyd’s research, in 2020, consumers formed new preferences for payment methods that don’t make them touch card readers, manually key PINs, touch device screens, or…

  • October 30, 2020
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