Future-proof your corporate travel payments strategy: why payment methods matter
Did you know that consumers could use a different digital wallet for every month of the year. There is AliPay, Amazon Pay, Apple Pay, Google Pay, Masterpass, PayPal, Paytm, Samsung Pay, Shop Pay, Venmo, Visa Checkout and WeChat Pay. 12 wallets for 12 months! Mark Beresford (Director, London) has asked to the question - could all these different digital wallets confuse consumers and merchants. And, importantly, could there be one digital wallet for all your needs?
European SMEs (Small and Medium-sized Enterprises) have historically been underserved by payment-related actors, often squeezed between consumers and corporates by financial institutions. In this article written by Louis Wapler, Manager in EDC’s Paris office, in collaboration with Gregoire Toussaint, Director and B2B Payments practice lead, they analysed the topic of SME payment cards, focusing on the key aspects such as existing pain points and unmet needs and how card related services SMEs to overcome them.
Cashless shops may become a reality sooner than we believe. In this article, Mark Beresford (Director, London) and the Retail Practice at EDC explore how this fundamental change to cashless stores may affect consumers, where the benefits and potential concerns exist, and which retailers are going cashless.
Our client is a leading European Fintech
Shanta Paratian (Manager, London) moderated working groups focusing on identifying air cargo payments pain points at the Cargo Payments Summit 2022 in London on the 17th of October. Although the air cargo market more than doubled in value between 2019 and 2021, pain points surrounding payments remain apparent. During her session, Shanta identified three key categories of payment pain points in air cargo as Cost of Payment/Collection, Payments Risk, and Internal Expenses & Payment Reconciliation.