Listen to Haseeb Khan, VP Innovation & Technology, tkxel in conversation with Anne-Sybille Pradelles, Co-Founder, Formance- an open-source platform that helps Fintech and marketplace build and operate strategic and unique money flows. They talk about the rapid increase in e-payment methods and customer experience regarding this rapid growth.
1. Formance provides APIs that are designed to make it easier and quicker for companies with complex payment networks to track payment flows between pay-ins and payouts in real-time and across different merchants and intermediaries.
2. The e-payment method fueled in recent years and significantly became cashless. The volume of global cashless payments is expected to be doubled by 2030. This rapid growth in e-payments is bringing consequences for innovations but also feeling new payment solutions as well.
3. Customer expectations against this growth in e-payments and experience are shifting as well due to three major drivers, i,e. having a choice for payment methods, customers' consciousness or thought behind every interaction & embedded payments services.