AI helping with fraud detection was identified as one of the key trends in payments in 2024, but it did not rank as the most influential one. This is according to a survey held across payment industry seniors worldwide in the summer of 2024. Instead, professionals identified the growing demand for both instant payments and mobile solutions as key trends for payments, rather than a growing use of artificial intelligence. Instant payments - often also referred to as real-time payments (RTP) or fast payments - are especially common in Asia-Pacific in 2022, with transactions in India being almost five times higher as in China. The two countries with the highest number of instant payments are expected to continue to grow fast, while the United States will make up for lost ground.
Most influential trends in the payments industry according to senior payment professionals worldwide in 2024
The source does not provide additional information on the type of survey conducted, or the country of origin of the respondents. It adds that the payments professional came from "across the globe".
The source phrased the survey question as follows: "What are the most influential trends shaping the future of the payments industry?". Multiple answers were possible.
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Edgar, Dunn & Company . (October 30, 2024). Most influential trends in the payments industry according to senior payment professionals worldwide in 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/
Edgar, Dunn & Company . "Most influential trends in the payments industry according to senior payment professionals worldwide in 2024." Chart. October 30, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/
Edgar, Dunn & Company . (2024). Most influential trends in the payments industry according to senior payment professionals worldwide in 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/
Edgar, Dunn & Company . "Most Influential Trends in The Payments Industry According to Senior Payment Professionals Worldwide in 2024." Statista, Statista Inc., 30 Oct 2024, https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/
Edgar, Dunn & Company , Most influential trends in the payments industry according to senior payment professionals worldwide in 2024 Statista, https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/ (last visited December 19, 2024)
Most influential trends in the payments industry according to senior payment professionals worldwide in 2024 [Graph], Edgar, Dunn & Company , October 30, 2024. [Online]. Available: https://www.statista.com/statistics/1535143/trends-shaping-the-future-of-the-payments-industry/
