Comment on The Evolving Payments Purchasing Chain: How Digitization and Economic Pressures Are Changing the Ecosystem

The Evolving Payments Purchasing Chain: How Digitization and Economic Pressures Are Changing the Ecosystem

Acquirers and processors are competing to enhance their value propositions Card and automated clearing house (ACH) payment networks are dueling for volume Issuers can lean on customer relationships and tranches of data to respond to innovation Amid economic uncertainty, payments providers are making meaningful shifts to digitize and innovate as they continue to grow at a projected 8.3% compound annual growth rate worldwide between 2021 and 2026, per Boston Consulting Group.

 

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