The payments industry is becoming digital-centric at a rapid pace with no signs of slowing down.
Our latest whitepaper, ‘The Great Payments Transformation’, surveyed over 198 senior payment leaders across travel and airlines, hospitality, online retail and gambling in Germany. Our research uncovered that 91% of organisations in the region have experienced losses in revenue due to pitfalls in their payment systems. With consumer needs evolving, payment professionals across verticals are pressured to adjust their payment processes and maximise revenue. However, an ever-changing regulatory environment, new fraud risks and the rise of new technologies spawning new payment methods, among others, pose significant barriers to long-term business success.
With the above innovations under way, change is required. Projections show that more than half (53%) of businesses in Germany would need to make improvements and optimise their payment processes by the end of 2022. The aim of this infographic is to help payment leaders realise the importance of payments transformation. This way, they’ll be better placed to identify blockers to investing in payment optimisation and take actionable steps that will enhance performance, boost brand loyalty, and increase profitability.
Download the infographic today and get access to valuable insights on payment trends as highlighted by payment leaders and how emerchantpay can equip businesses with the payment technology and data they need to thrive.