Today In Data

A Look Into The Future Of Payments And Commerce

A Look Into The Future Of Payments And Commerce

The future of customer service will include humans and robots working in cahoots. The future of Mastercard — and its issuers and merchants — includes a new innovation engine. Marketplaces, meanwhile, are prepping for the new payments landscape, while consumers don’t seem to be doing all they can to prepare for the future of fraud.

Data:

52.9 percent: Consumers who view protection as a reason to use location controls.

$60 trillion: Projected value of the digitally distributed consumer economy under PSD2 by 2025.

10+: Number of GDPR investigations targeting Facebook and other companies.

33.8 percent: Consumers deterred from using location controls because of fraud fears.

29.9 percent: Consumers who are “very” or “extremely” interested in location controls.

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