news & articles

All articles tagged with "Payment Methods"

What is the innovative payment product that could topple BNPL?

It is difficult to predict how the economic downturn and recession will impact the Buy Now Pay Later (BNPL) industry. As interest rates continue to rise, credit card borrowing is growing more expensive. Now there is a new breed of start-ups that have turned the concept of BNPL on its head. Save Now, Buy Later (SNBL) schemes incentivise saving for big-ticket purchases while avoiding the potential debt trap that comes with BNPL. Mark Beresford (Director, London) along with the Retail Payments Practice at EDC have taken a closer look at SNBL as this new alternative payment method starts to gain momentum.

by Mark Beresford | Feb 06, 2023

8 mins read

Leading payment service provider turns to EDC to provide critical market assessment and expert perspective to inform potential investors

Leading financial services provider that enables local and cross-border payments

by EDC Team | Dec 15, 2022

5 mins read

Identifying Air Cargo Payments Pain Points

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.

by Shanta Paratian | Nov 01, 2022

2 mins read

Open Banking Payment Methods – Driving Value for Ecommerce Merchants but Consumers Need to Benefit Too

There are many successful use cases for Open Banking but payments is arguably not one so far. In this article, Volker Schloenvoigt (Director, London) highlights how it might be required for merchants to share some of the benefits with the end consumer to kick start adoption.

by Volker Schloenvoigt | Oct 01, 2022

5 mins read

EDC advises leading PSP on growth strategy

Our client was undertaking a comprehensive review of the existing portfolio of business initiatives and a corporate strategy exercise to define the company’s long-term growth trajectory.

by EDC Team | Oct 21, 2022

3 mins read

EDC assists global hotel chain streamline payments and comply with EU regulations

A global hotel chain, headquartered in the US, identified that it was exposed to the Strong Customer Authentication (SCA) regulation in the EU.