The Rise and Risks of Super Apps in Payments

This chapter explores the evolving payments industry, emphasizing the emergence of FedNow as a potential disruptor and questioning the profitability of existing payment solutions. The conversation addresses the complications surrounding super apps, particularly in the context of regulatory challenges and privacy concerns, with examples from major players like Twitter and TikTok. Additionally, it examines financial literacy and market trends, underscoring the difficulties companies face while trying to innovate in a tightening economic landscape.