Trends In The Payments Industry You Can't Ignore

ISOs and ISVs face an ongoing conundrum – to invest or not invest in emerging and alternative payment technology. Will it pay off? Do consumers really want it? These are the questions that naturally come with making important business decisions.

NMI is here to help navigate the answers to these questions – and in our latest guide we present research that shows consumers and merchants are willing and excited to use new payment tech. Not only are they excited, they demand it, and will leave platforms that allow for flexible payment options.

In this guide, we tackle how omnichannel, flexibility and total solutions will define the payments industry in 2023, while also diving into buy-now, pay-later and biometric payment options. Bottom line, B2B and B2C customers prefer an omnichannel approach. So let our experts at NMI guide you through creating a smart strategy on how you can adapt your business to be prepared for 2023 and beyond.

 

THE PAYMENTS LANDSCAPE TRENDS REPORT

The past three years have flipped the payments technology industry on its head, with consumer-facing businesses having to change how they operate. In order to keep up with an evolving customer base, ISOs and ISVs are expected to deliver a holistic payments solution that is flexible, omnichannel in nature, features new payment avenues, and has full-commerce enablement. That’s a lot, but learn NMI can help you build your strategy.

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Starting 2023 With Key Data

In October, NMI surveyed 1,000 consumers to learn more about payment habits, and their willingness to try new things. The data was incredibly insightful, from preferences in the contactless payment world to the importance of speed at in-person checkout. The exclusive Payments Innovation Pulse Report was built to help ISOs and ISVs all over the world, providing you with real data points to either adjust your own business practices, or advise current or potential merchants as you strategize for 2023. We include this data in our Payment Technology Trends guide, boiling down the most important data points to help you move forward with more confidence

Download the report

The NMI Difference

At NMI, we enjoy being the silent partner in your growing success, as we provide payment platform solutions that fit your needs. We win only when you win. From white-label options to emerging solutions such as tap-to-mobile, we have a sizable toolbox that is customizable for you and your merchants.

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THE PAYMENTS LANDSCAPE TRENDS REPORT

The past three years have flipped the payments technology industry on its head, with consumer-facing businesses having to change how they operate. In order to keep up with an evolving customer base, ISOs and ISVs are expected to deliver a holistic payments solution that is flexible, omnichannel in nature, features new payment avenues, and has full-commerce enablement. That’s a lot, but learn NMI can help you build your strategy.

By submitting this form you agree to receive communications from NMI