‘Say goodbye to the bi-weekly pay cycle’: Payments predictions for 2022 (Part 1)

“In the coming year, ecommerce and cross-border payments will remain the fastest growing areas within payments. The volume of ecommerce transactions was approximately $4 trillion in 2020, and cross-border payments are the fastest growing segment within ecommerce, projected to increase from $800 billion in 2019 to $4.8 trillion by 2026 (27% CAGR). Both are benefiting from strong growth trends as evolving merchant and cross-border complexities present new challenges and consumers increasingly become more global in their purchasing behaviors.”

– Rob Anderson, partner at FTV Capital