Mastercard is doing its part to make instant payments available to more workers, and IKEA is working to bring the gig economy closer to home. Mortgages are getting cheaper thanks to data, while protections against ID theft are being extended to some of the most vulnerable consumers. Amid all of that, payments is bringing more adventure to travel.
$38T: Estimated value of the global B2B payments market.
17: Number of countries where Western Union supports real-time payments.
59.7 percent: Portion of adventure travelers who would travel more if they had access to innovative payments.
33 percent: Share of gig workers who wait at least a week for their paychecks.
2024: Expected arrival of Federal Reserve’s real-time payments system.