A glimpse into the Future of Payment in 2034: Explore the diverse perspectives and scenarios presented in the study “Payment 2034.” Discover why a user-centric perspective takes center stage and how it will influence and shape the future landscape of payments. Join in the discussion — your ideas matter.
The future of payments is seamless. The slightest friction in the payment process can determine the difference between a purchase and last-second abandonment. Enabling consumers to shop, rather than pay, will shape successful payment experiences.
The future of payment is digital and diverse. The payment methods used in the future will not be exempt from this.
Driven by ever-increasing volumes of data, the tension between convenience and security solidifies. In this dynamic, the future of payments must be continuously renegotiated among commerce, services, and users within this space.
The term ‘artificial intelligence’ (AI) has experienced an incredibly huge hype in recent years, especially since the high-profile launch of ChatGPT. Hardly a keynote, newspaper article, product announcement, startup, or anything else is without the mention of this or one of its related buzzwords.
Simulations in the form of digital twins, a surge in popularity of online gaming communities, and visions of metaverses where we collaborate via holograms or overlay digital augmented reality onto the analog world—our living world is increasingly becoming the origin for further realms into which we immerse ourselves.
Positioning payments as a necessity can leverage and support the sustainability movement by transforming it into a green everyday companion, aiding users in taking ecological responsibility.
What if payment ceased to be just about transactions? In the future, payment becomes a holistic service. A payment player evolves into an ecosystem player. In these new ecosystems, payment transcends mere transactions, intertwining with diverse services developed across various industries.