Speed, Security And Simplicity: The Three S’s Of Payments Innovation
From the biggest transactions between enterprises to the small weekly allowances doled out weekly by 70 percent of America’s parents, there are three ingredients necessary when trying to reap the many rewards of digitization. First, it has to be fast, because no one likes standing in line. It has to be safe, because trust is the grease that keeps the financial services wheels spinning. And it has to be easy to use – because if it isn’t, customers are less likely to embrace complexity than to move on to a simpler option.
Data: