Ep154: What are the key payments trends of 2021?

Daniel Kornitzer, Chief Business Development Officer, Paysafe

UK-regulated Paysafe is an online payments specialist operating around the world. The firm has identified 10 likely trends in payments for 2021:

• The impact of PSD2 on biometric authentication 
• Real-time payments goes global
• A renewed focus on 5G
• The subscription model grows in popularity 
• Paying with crypto goes mainstream
• AI and machine learning as the cornerstone of fraud prevention
• Digital loyalty apps and payments on the rise
• COVID-19 accelerates the divergence of digital payment methods
• Payments becomes a tool to track spending
• Further growth of digital peer-to-peer payments

 
Daniel Kornitzer of Paysafe highlighted some of the key issues to Robin Amlot of IBS Intelligence.