– Contactless payments – using mobile devices or NFC Cards
– Buy-now-pay-later options – merchants are adding deferred payments options to the buying experience
– Biometric authentication – facial recognition authenticates the payment option on devices for quicker payments
– AI-driven fraud detection – AI tracks buyers credit card moves looking for anomalies to cardholder purchase and intercepts the transactions with a confirming phone call or text.
– Real-time payments – Merchants can get real-time payment tracking and now real-time or “same day” payments” on their sales!
– Digital wallets are gaining traction as the easiest way to keep credit card safe but also be able to use their via your cell phone!
– Embedded payments – These are links on websites or QR Codes embedded into flyers or other documents that allow for payment.
– Cryptocurrency – although NOT widely used at this time, it is picking up traction as more Crypto Apps emerge!
