PYMNTS-MonitorEdge-May-2024

A Bigger Picture For Payments

A Bigger Picture For Payments

As business becomes ever more global, payments diversity and new forms of trade financing and onboarding become ever more important. That doesn’t meant investors won’t be rattled by certain developments — something PayPal learned this week — or that fraudsters won’t keep trying to gain an upper hand.

Data:

35 percent: Market share for real-time bank transactions in Finland and Sweden

23 million: Active merchants on the PayPal platform

$3.1 trillion: Amount tied up in outstanding invoices in the U.S.

90 percent: Share of Canadian consumers who digitally interact with their banks

61.2 percent: Portion of firms that electronically review suppliers’ financial performance histories

PYMNTS-MonitorEdge-May-2024