Digital Payment Trends by Industry Segment: Establishing New Opportunities

Report Summary

Digital Payment Trends by Industry Segment: Establishing New Opportunities

Midsize and large organizations across the globe are searching for the latest and greatest in digital payments.

Alijah Poindexter
Associate

April 4, 2023 – Organizations worldwide are making end-to-end digital payment infrastructures part of their long-term growth strategies, and this trend show no signs of stopping. Financial institutions and technology vendors have a strong opportunity to provide critical payments services, but differences between industry segments mean that success hinges on understanding the nuances of each industry. This report is critical for decision-makers and stakeholders at FIs, technology vendors, payment providers, card processors, and midsize and large firms interested in how other firms in their industry segment and generalized market area are building out a modernized payments infrastructure.

This report highlights payment investment trends in midsize and large organizations in North America and Europe, divided into eight industry segments. This report draws on the author’s in-depth knowledge of the industry and subject matter. It also includes data extrapolated from an online survey of 790 employees of midsize and large corporations in North American and European countries that Aite-Novarica Group undertook in Q2 2022.

Clients of Aite-Novarica Group’s Commercial Banking & Payments and Healthcare Payments services can download this report.

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