PXP, the omnichannel global payment platform and innovative industry disruptor, today shows the results of an exclusive survey, which reveals Gen Z overwhelmingly prefers instant, digital-first payment methods, with traditional banking options falling dramatically out of favour.

Key insights from the survey include:

With the aim to deliver payments experiences consumers love, Worldpay® has joined forces with Visa, a world leader in digital payments, to bring their Click to Pay payment option to merchants in the U.K. Worldpay customers using the company’s hosted payments pages can simply turn on Click to Pay with Visa without the need for merchant integration or development.

MuchBetter, the innovative fintech company, has announced an exciting expansion into the B2B sector with the launch of its own business account offering, MuchBetter Business (MBB).

MBB caters to enterprises seeking access to business accounts in a wide range of currencies, without the friction, long lead times, or high fees associated with traditional banks. Powered by specialists in the gaming and high-risk industries, MBB understands the unique needs and challenges these sectors face.

Telr, an award-winning leader in digital payments across MENA, has secured a Retail Payment Services License (RPS) by the Central Bank of the UAE, marking a transformative milestone in its mission to drive financial innovation and seamless digital transactions.

MoonPay, the leading global crypto payments company, announced it has secured a $200M revolving credit line from Galaxy, a diversified financial services and investment management innovator in the digital asset, cryptocurrency, and blockchain technology sectors. 

Spendesk, the leading spend management and procurement platform for mid-market companies, today announces its partnership with Wise Platform, Wise’s global payments infrastructure for banks and enterprises, to provide international payments.

Tink, A Visa Solution, the market-leading open banking platform, has announced that 10,000 merchants have now chosen Pay by Bank via its Payment Service Provider (PSP) partnerships.  

Tink also recently hit a new €100M peak in a single day for its payment initiation services (PIS) across Europe, marking a tipping point in demand for Pay by Bank. 

Jarvis, a pension fintech that empowers employees to actively plan for their retirement, has launched a free salary sacrifice calculator that allows businesses to see how much they can save while boosting pension contributions for their workforce in the upcoming financial year. The tool found that SMEs can save up to £15,150 in National Insurance contributions (NICs) annually through salary sacrifice*.

dLocal, the leading cross-border payment platform connecting global merchants to emerging markets, has announced a strategic partnership with Temu, the global e-commerce platform known for affordable products.

Bankwell Financial Group, Inc., the parent company of Bankwell Bank, has announced the appointment of Brian Merritt as Chief Technology Officer.