The Future of Payments in 2023 and Beyond

  • Nick Fryer, CTO at Dojo

  • 19.12.2022 03:15 pm
  • #payments

Single-use card machines that only process payments are a thing of the past - the future of payments is moving from standalone card machines to multi-purpose devices that have full integration with other business processes like ordering, for example. It’s about providing value-add tools and technology that enable businesses to solve more than just one problem. This can create new opportunities for businesses to access valuable data and insights and offer more tailored experiences to their customers, while overall benefiting from faster and more seamless payments. 

Payment platform resilience and enhanced security will also prove critical for the payments industry moving forward. Our customers tell us that resilience and security are by far the most important things they look for in payments. Investing in the best performing technology that will include fraud detection, monitoring and encryption will become a key priority moving into the new year. 

With the payments landscape constantly changing, it will prove vital for businesses to leverage every chance to provide additional touchpoints to create an enhanced payment experience.

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