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The exponential growth of digital payments is truly remarkable! By 2028, projections estimate a staggering US$16.62 trillion in total transaction value. What's equally intriguing is the regional dynamics at play. China, for instance, is expected to lead with a significant US$3.74 trillion in transaction value in 2024 alone.   But beyond the numbers lies a deeper narrative – one of the tangible changes in our daily lives, “Digital Commerce”. It is poised to reach a monumental US$7.63 trillion in transaction value in 2024. It's reshaping how we shop, interact, and transact in the digital age. In the whirlwind of this paradigm shift, we at Tilli are emerging as a catalyst for change. Our Global Payment Processor Monay empowers businesses with a diverse range of payment options, from cards to digital wallets, facilitating seamless transactions. Monay becomes more powerful with our flagship product “Nudge”, a Customer Communication Platform as a Service. While Monay helps in payment processing, Nudge helps with payment reminders, transaction alerts, OTP messages, payment confirmations and other real-time personalized messaging. However, our impact extends beyond the bottom line. Tilli has been instrumental in driving digital adoption among utilities across the US, illustrating our commitment to real-world solutions in the digital era. As we navigate the digital payment revolution, Tilli remains steadfast in our mission to make payments seamless, secure, and inclusive for all. For more information on Monay Payment Processor, 👉 visit https://tilli.pro/monay Data Source: https://lnkd.in/dxpzTFKd #FutureofCommerce #TilliInnovation #DigitalAdoption #PaymentRevolution #InclusiveCommerce #TilliImpact #RealWorldSolutions #EmpoweringBusinesses

Paymob's strategic offering of Alternative Payment Methods (APMs) is reshaping #SME commerce across #MENA. Want to learn more about APMs? Read our article in The Fintech Power 50, 2024 guide, powered by The Fintech Times. This deep dive explores the relationship between cutting-edge payment solutions and SME scalability, highlighting the transformative impact on regional economic landscapes and the pivotal role in democratizing commerce. #FintechInnovation #MENAEconomy #PaymentSolutions

SMEs are the backbone of the economy. And Paymob’s Alternative Payment Methods (APMs) are making them stronger and more successful. Read the latest article by Paymob featured in The Fintech Power 50 to understand how cutting-edge payment solutions can lead to SME scalability. #Fintech #SMEs #PaymentSolutions #economy #startups #technology #GlobalSouth 

In Southeast Asia, digital payments are more than a trend – they're a game-changer for businesses. Online brands have the unique opportunity to capitalize on this growing demand by offering payment methods that suit their customers' needs. Yet, navigating an ever-changing payment ecosystem requires strategy and innovation, from understanding regulatory complexities to meeting evolving consumer preferences. Zota's regional expertise and comprehensive payment solutions empower businesses to stay ahead of the trends and ensure they deliver seamless payment experiences to their customers. 👇 Read more about this topic on the Zota Blog! https://bit.ly/48ZNdEd #DigitalPayments #SoutheastAsia #FinTech #PaymentSolutions #ZotaInsights

In his interview for our Cross-Border Payments and Ecommerce Report, James Butland, VP of Payment Network at Mangopay, discusses what’s in store for 💸 cross-border payments, and how they can be processed seamlessly by companies to 💲🔄 drive cost optimisation. The talk covers challenges businesses face and 💡 solutions to overcome them, highlighting the need for tailored strategies to drive revenue. 🗨️ ‘Around the world, national payment systems have embraced instant payments to bring speed and transparency to domestic payment networks. However, cross-border payments provide a multitude of challenges, and each corridor has its own unique challenges.’ Ready to hear more insights from James? Check out the full interview on page 106 of the report ➡️ https://bit.ly/48sqKQX #ThePaypers #report #crossborderpayments #crossborderecommerce #FX #instantpayments #defi #multicurrencywallets #realtimeexchange #marketplaces #localdynamics

The vision is simple; to empower every Nigerian and create a digital banking solution built on innovation, accessibility, and excellence. Our intention is to leave behind the old and slow and create a customer-centric platform that will revolutionize how people bank. With Motopay you can SCAN2pay for fast and seamless transactions, chat and connect with family and friends for free, and access a thriving marketplace where you can BUY/SELL, save, and earn—all at unbelievable prices. Follow Motopay to join our waiting list and be part of this transformation today. The Original IDAN is Coming. #fintech #comingSoon #motopay #POS #innovation #digitalbanking #transactions #paymentsolutions #banking #sujimoto #luxuryliving #luxury #ecommerce

Payment industry innovation and competition will transform mobile commerce and diversify payment flow routes in 2024. Consumers and businesses will win big, benefiting from instant payment expansion, commerce enablement tools, and broader payment choices. Read more from Insider Intelligence's David Morris on 🔴 Feature innovation transforming digital wallets into everyday commerce enablers 🔴 Paze putting open-loop digital wallet leaders on notice 🔴 FedNow taking a bit out of bill pay #FedNow #digitalwallets #commerce #Paze #billpayment #instantpayment #payments

🚀 The Evolution of Merchant Acquiring: A Rapidly Changing Landscape 🚀 Since 2010, the way businesses handle payments has transformed dramatically. Here’s a snapshot of how payment technology has evolved: 📞 Early Days: Payment terminals initially relied on basic phone lines. 📡 Mobile Connectivity: GPRS technology introduced mobile network payments, adding flexibility. 🌐 Enhanced Access: Combining GPRS with Wi-Fi expanded payment capabilities to places without mobile signal. ⚡ Faster Transactions: The shift to 4G technology made payments quicker and more reliable. 📱 Smart Terminals: Fintech innovation brought Android-based devices, making payment management more versatile. 🔗 Unified Payments: The rise of UPI and all-in-one systems now handles QR codes, card payments, and more, often with instant confirmation sounds. As we move forward, expect even more advancements that will make transactions faster, easier, and more secure. The payment landscape is evolving rapidly, and it’s exciting to see what’s next! #PaymentTechnology #Fintech #MerchantAcquiring #Innovation #BusinessGrowth

💳 FinTech Term: Dynamic Payment Management💳 Dynamic Payment Management allows merchants to optimize and manage multiple payment methods and gateways in real-time. It ensures that each transaction is routed through the most efficient payment channel, enhancing speed and reliability. Key Benefits with PayTring Quick Payment Optimization: 🔹Increased Flexibility: Customize payment options to fit different customer needs, ensuring a seamless and personalized checkout process.   🔹Optimized Transactions: Ensure transactions are processed through the most cost-effective and secure channels. How PayTring Quick Makes It Better PayTring Quick’s Dynamic Payment Management is a powerful feature that ensures every transaction is handled with precision and efficiency. Our solution adapts in real-time to provide the best possible payment options, reducing friction and boosting conversion rates. Learn more at www.paytring.com  #fintechfriday #paymentrouting #paymentgateways #paymentmethod #paymentoptimization #paytringquick

BLIK Romania S.A. Obtains Authorization for the Operation of the BLIK Payment System from the National Bank of Romania “The granting of the operating authorization by the BNR is a key step in the development of BLIK in Romania, which is one of the most important markets in the CEE region, especially in terms of e-commerce growth. The dynamic development of the digital sector and the growing popularity of cashless transactions create the perfect conditions for the implementation of a modern payment solution such as BLIK. We are open to continue discussions with various entities in the Romanian market.” – says Ryszard Drużyński, CEO of BLIK Romania S.A. https://lnkd.in/eVCrFSuc Dariusz Mazurkiewicz Ewa Wysocka Patrycja Szwenk Monika Król Sofia Skorska Anna Bielawska-Choniawko #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews