Nium, a leader in global payments and card issuance for businesses, today unveiled its predictions report for 2022, examining the latest trends in regulation, crypto, travel, and global payments.
According to McKinsey, the disruption caused by the pandemic has exposed a number of gaps in the global payments infrastructure, but following a 5% dip in global payment revenues in 2021, the payments industry is on track to recoup its losses, and climb back to a 7% growth rate in the year ahead.
Nium believes that the payments industry is poised for massive growth as the world builds back post-pandemic. Today, the creation of a better payments infrastructure that helps cut business costs and risk, and improves experiences for customers, is more critical than ever.
To help the industry prepare for 2022, Nium experts have provided their predictions on the most significant payments milestones in the regulatory, cryptocurrency, travel, and global payments landscapes, including:
Learn more about the future of the payments industry by downloading Nium’s Global Payment Predictions Report 2022.
About Nium
Nium is a leading embedded fintech company that provides banks, payment providers, and businesses of any size with access to global payment services. Its modular platform powers frictionless commerce, helping businesses pay and get paid across the globe with services for pay-outs, pay-ins, card issuance, and banking-as-a-service.
Once connected to the Nium platform, businesses are able to pay out in more than 100 currencies to over 190 countries – 85 of which in real time. Funds can be received in 27 markets, including Southeast Asia, UK, Hong Kong, Singapore, Australia, India, and the US. Nium’s growing card issuance business is already available in 34 countries, including Europe (SEPA), the UK, Australia and Singapore. Nium’s license portfolio covers 11 of the world’s jurisdictions, enabling seamless global payments and rapid integration, regardless of geography.
Nium was named among “Financial Times APAC High-Growth Companies” and “Best B2B Payment Platform at Future Digital Awards” in 2021.
For more information, visit: https://www.nium.com
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