Trends in Electronic Payment Systems

Visa experts shared forecasts what’s new is expected shortly to payment systems. They are directly related to new technologies and are designed to make online payments the leading tool in the hands of both business and individuals.

And, of course, such forecasts did not ignore all the main trends that are recorded in the behavior of users and customers.

According to the results of the second annual study “How We Pay” by Visa and PYMNTS.com, about 96% of consumers own an average of four gadgets, which has a significant impact on the world of e-commerce. This is not even about credit cards and certainly not about the cache – both of these methods have long been considered outdated. Instead, they are actively introducing electronic payment systems that do not require physical form at all. With their help, you can pay in real life – for example, using contactless payments, and online. So, what trends should we expect in 2019?

Sthaler worked with music festival industry to develop a cashless, card-free payment system that was available to everyone. The company developed Fingopay, using VeinID technology, in partnership with Hitachi. Blue Star Capital PLC (LON:BLU) is an investing company with a focus on new technologies. Blue Star’s investments include a 0.9% holding in Sthaler.

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