Embedded authentication could accelerate digital payments

As we move fast and furiously into a digitally connected economy, payments modernization is essential.

After all, how businesses and consumers pay, and get paid, is central to defining the future of both commerce and daily life. That’s why the modernization of payment systems is not just a convenience — it’s an imperative.

Yet that imperative is not without its own challenges, and one of the primary hurdles in modernizing payments lies in addressing the consumer demand for diverse payment options.

“Consumers want more choice in how they pay,” Rodger Desai, CEO of Prove Identity told PYMNTS CEO Karen Webster for the series “What’s Next in Payments: Payments Modernization.”

From buy now, pay later services to various credit and debit options, the plethora of choices reflects a fundamental shift in consumer expectations.

 

continue reading »