
New Dimensions in Payment Tech Evolution
Rising Stars Podcast
00:00
Evolution of Payment Technology and Increasing Popularity of Alternative Payment Methods
This chapter delves into the transition towards contactless payments, highlighting both the convenience and security benefits compared to traditional card transactions. The conversation expands to discuss the integration and disruption of payment technology for small and medium businesses, emphasizing the availability of advanced solutions that combine various functions into one terminal. Furthermore, it explores the rise of alternative payment methods like buy now pay later in e-commerce and the potential shift in the industry due to legacy payment OEMs investing in new services and acquisitions of companies offering alternative solutions.
Transcript
Play full episode