TrueLayer and EDC have launched a report on the growth of alternative payment methods in Europe. While payment cards will continue to remain important, payments made with bank accounts, digital wallets, and through buy-now-pay-later services will grow. Alternative payment methods offer quick, convenient, and cost-effective payment options and advances. Initiatives such as Open Banking will accelerate progress to provide consumers and merchants with more options.
Samee Zafar (Director, EDC London) and Jack Wilson (Head of Public Policy, TrueLayer) sat down with PaymentsJournal to talk about the content of the whitepaper, including the following topics:
- The rise of alternative payments
- The “why” behind alternative payment growth
- How new payment methods benefit merchants
- The role of Open Banking
Read more and listen to the PaymentsJournal podcast HERE
To download the full white paper, click HERE