Just ten years ago, mobile wallets still seemed fanciful, peer-to-peer payments existed only in beta form, and the thought of Goldman Sachs and Apple teaming up on a digital payment product was far-fetched. As a new decade dawns, it’s clear the payments industry not only served up a few surprises, but experienced a revolution that set the pace for future innovation.
In just the past few years, payment technology has made transactions faster, easier, and more mobile. Consumer expectations have heightened in response, suggesting that the next decade in payments will be at least as eventful as the last.