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Payment Trends You Need to Know About for Business Growth in 2022 And Beyond

After over two years of shifting buying habits in favour of eCommerce, many consumers have practically abandoned the high street, and are now embracing a fully digital future as a more personal, efficient and convenient way of shopping.

Customer expectations and habits are constantly changing, and as shoppers become more comfortable with an increasingly digital post-pandemic future, businesses need to adapt and keep abreast of the latest developments in retail behaviour.

In this article, I’ll look at five of the latest payment trends in eCommerce, helping business owners better understand the newest technology and how modern fintech solutions allow companies to create better retail experiences and customer journeys.

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How Fintech is Changing the Travel and Hospitality Industries

Travel spending is showing signs of recovery after the pandemic. However, lifestyle shifts will continue to influence industry trends, especially when it comes to online payments.

The travel and hospitality industries experienced an unprecedented crisis during the COVID-19 pandemic. Entire client bases disappeared, and many experienced staff were forced to find alternative work. With the hospitality sector now largely back in business, operators are nevertheless feeling the pressure — not only from reduced capacity but also from clients who are now used to using the latest digital payment methods to pay for goods and services online.

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Low-Code vs. No-Code Embedded Finance

When it comes to embedded finance, code may seem baffling if you’re not a developer. But for businesses that want the benefits code has to offer without the hassle of dealing with the technicalities, low-code and no-code fill the demand for a convenient solution.

This article demystifies everything you need to know about the similarities and differences, and which approach you should opt for to create new revenue streams and better serve your customers.

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