-
Why automated payments will be essential for business growth in 2024
According to the 2023 McKinsey Global Payments Report, global payments revenues surged by 11% in 2022, exceeding $2.2 trillion. A significant driver behind this growth is the widespread adoption of automated and digital payment solutions. As more companies embrace automation, the benefits become undeniable. Payment automation is more than just a convenience—it’s becoming necessary in…
-
The QR code payment surge and its impact on businesses
According to a report by Juniper Research, global spending using QR codes may increase from $2.4 trillion in 2022 to $3 trillion by 2025. Various factors will drive the upward trend, including the need for contactless payment solutions and financial inclusion in developing areas. For example, 93% of Southeast Asian consumers now use contactless payments,…
-
Why On-Chain Payments are the key to a borderless economy
In this article, we’ll discuss On-Chain Payments’ role in global, borderless transactions. We’ll also highlight On-Chain Payments on APS. Mastering on-chain payment for borderless payments On-chain payments change how businesses handle cross-border transactions. But how do they work, and what makes them so advantageous? Let’s first define On-Chain Payments, explore its technology, and discover its…
-
What you need to know about the global real-time payments surges In 2023
Real-time payments (RTP) settle instantly, allowing funds to be transferred and accessed in seconds. Unlike traditional payment systems, which may take hours or days to clear, RTP ensures immediate processing, regardless of weekends or holidays. It has changed personal, business, and governmental transactions, reducing the reliance on cash and providing an efficient alternative to older…
-
Web3 Payments: Secure, fast and cost-effective transactions with APS
This is where Web3 payments step in. It’s a new way to conduct business transactions that promises efficiency, security, and speed. Are you intrigued by Web3 payments? In this blog, we’ll explore the evolution of payments and how Web3 payments with APS can transform your business transactions. They allow you to accept instant payments in…
