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Welcome to another episode of our Daily Fintech Podcast.
This podcast episode is sponsored by Contis, the European leader in Banking-as-a-Service. Contis is proud to deliver process-pay, a brand-new standalone processing solution ready to cater for any organisations card processing needs. To find out more visiting www.contis.com today!
As both Visa and Mastercard announce higher charges for e-commerce transactions and almost two-thirds of Europeans now bank online, it seems the popularity of alternative payment methods, or “alt-pays”, continues to grow as consumers seek faster, safer payments and merchants look to reduce the cost of payments. This rise in demand for alternative payment solutions – whether as instant account-to-account payments or platform-specific closed-loop solutions – comes when card payments are under increasing scrutiny from regulators. Link here.