Angelos Michalos’ Post

Fascinating to see the evolution of payment networks from cards to accounts! I'm excited by the rise of account-to-account (A2A) payments, which are streamlining transactions globally. This shift towards A2A reflects a growing consumer preference for speed, convenience, and security. Real-time payments are becoming the norm, and card networks are rightly innovating to stay relevant. Visa and Mastercard's efforts to improve their payment networks for A2A transactions are a positive step. The repurposing of debit card as a payment alias is another interesting trend, particularly in its role within A2A payments. It will be interesting to see how this trend continues to develop. Overall, the payments landscape is undergoing a fascinating transformation. Are you ready for this shift? #payments #A2A #fintech #financialinclusion #openbanking https://lnkd.in/eAGtH2TC

“The future of payments is digital, and digital wallets will continue to dominate markets across the world as consumers demand more innovation and convenience in payments and banking.” As we approach 2025, digital wallets are at the forefront of digital transformation in financial services. Nick Holt, our Head of Solutions and Delivery, Europe, shares his perspective on what the future holds in payments 👉 https://bit.ly/4gjCZTl

The UK Government just dropped its National Payments Vision, and it’s a game-changer! 🇬🇧 Basically, the highlights are: ⚪ 48.1 billion payment transactions in 2023 alone! 📊 
⚪ Contactless payments skyrocketed from 3% in 2015 to 38% in 2023 💳
⚪ And 11 million Brits now using Open Banking for account-to-account payments 📱 So, whats next then?🔮 ⚪ New Payments Vision Delivery Committee to streamline regulations! This is needed👮
⚪ Refreshed retail payment infrastructure on the horizon 👀 Is Open Banking and A2A payments the future of the UK’s financial landscape? 💬👨💻 https://lnkd.in/eJGuMacT

🚀 The #UK is leveling up its #payments game! The government has just unveiled its National Payments Vision, setting the stage for a modernised and efficient payments sector. 📊 What’s new? The Vision is built on the Future of Payments Review and brings innovation, regulatory alignment, and tech-driven changes into play. With digital payments booming – contactless transactions grew from 3% in 2015 to 38% in 2023 – the UK is pushing for even more growth with Open Banking and a digital pound on the horizon. 💡 Key moves include: 🔹 A refreshed retail payment infrastructure; 🔹 A focus on #A2A payments for better security and lower costs; 🔹 A roadmap for future initiatives by mid-2025. It's a bold plan with clear objectives. So, are we ready to embrace the future of #payments? 

As we approach 2025, digital wallets are at the forefront of digital transformation in financial services. Nick Holt, Head of Solutions and Delivery, Europe at Marqeta, emphasises the dominance of digital payments: “The future of payments is digital, and digital wallets will continue to dominate markets across the world as consumers demand more innovation and convenience in payments and banking.” Read the full article here:

As we approach 2025, digital wallets are at the forefront of digital transformation in financial services. Nick Holt, Head of Solutions and Delivery, Europe at Marqeta, emphasises the dominance of digital payments: “The future of payments is digital, and digital wallets will continue to dominate markets across the world as consumers demand more innovation and convenience in payments and banking.” Read the full article here:

As we approach 2025, digital wallets are at the forefront of digital transformation in financial services. Nick Holt, Head of Solutions and Delivery, Europe at Marqeta, emphasises the dominance of digital payments: “The future of payments is digital, and digital wallets will continue to dominate markets across the world as consumers demand more innovation and convenience in payments and banking.” Read the full article here:

Digital Wallets and Alternative Payment Solutions Set to Reshape Finance in 2024 #DigitalFinance #PaymentRevolution #SecurityAndConvenience #FintechCollaboration #SeamlessPayments #GlobalPayments #BiometricSecurity #EfficientTransactions #CrossBorderPayments #InnovativeFintechSolutions

How are open banking, embedded finance and Tap to Pay set to shape payments in 2025? Our Head of Product, Ari Eder met with payment experts from Swiipr and Toqio to discuss 2024 trends and shifts we can expect to see in 2025 📈🔎 Could this be the year we say goodbye to our physical cards? 💳 It is predicted that half the world's population will be using mobile wallets this year. Read part (1) of a (3) part roundtable series: https://bit.ly/402JqDz

VoPay has partnered with Mastercard to bring instant money transfers to North American businesses through the Mastercard Move portfolio of payment services. Using VoPay, companies can send funds to credit cards, bank accounts, digital wallets, and more using one API call or just a few clicks on the VoPay Portal. 1. Mastercard Send - the domestic push-to-card offering 2. Mastercard Cross Border Services - the international payout service #payments #realtimepayments #push2card #pullfromcard #crossborderpayments #fintech #paytech #financialservices #banking #creditunion Marcel van Oost Sam Boboev