The Paypers launches the Payment Methods Report 2023

Monday 25 September 2023 15:04 CET | News

The Paypers has launched the 8th edition of the Payment Methods Report, the go-to source for the latest trends in payment preferences.

The Payment Methods Report 2023 features insights into the latest technologies deployed to improve the global payments ecosystem, providing a clear overview of how customers prefer to shop and pay and how merchants can meet these ever-changing needs.

What you’ll find in the report

Latest trends in the payment methods space in 2023

The biggest trends in the payment ecosystem this year include the complexity of payment methods and how merchants decide which ones best fit their business models, as well as the acceleration of instant payments. The latest updates in the BNPL world, together with the crypto winter and the surge of payment orchestration, have also proven important topics in the field, with many companies acknowledging the need for in-house payment orchestration solutions to better cater to the needs of their customers. Taking this into account, the report starts with a global overview of the latest trends in the payment methods space and future developments – presented by Juniper Research and Payments Consulting Network.

The Paypers has launched the 8th edition of the Payment Methods Report, the go-to source for the latest trends in payment preferences.


Globally trending payment methods

Edgar, Dunn & Company, Euromonitor International, Hokodo, Ratepay, Tinka, and Partelya Consulting share insights into Buy Now, Pay Later (BNPL), which continues to remain a hot topic in the payment industry, with over 500 million customers globally and hundreds of providers. Even though many countries stepped forward in regulating BNPL, the main difference from previous years is the growing appetite and need for B2B BNPL services.

The adoption of Open Banking and A2A payments is also on the rise, with clear benefits for ecommerce and end-users. As more countries choose local schemes to transfer funds faster, easier, and less costly, we found it imperative to discuss the latest updates in this space and feature expert opinions on behalf of Discover Global Network, European Payments Council, Link Money, and Worldline.

Globally, companies aim to provide seamless customer experiences by leveraging white-labelled solutions, while e-wallets continue to grow in popularity, especially in Asia, where they are looking up to super apps. The potential of tap-to-pay payments is immense, driving not only digitalisation but also financial inclusion and a smarter, easier way of paying. Aiming to get more information on these developments, in this section of the report we feature contributions from DIMOCO Payments, Edgar, Dunn & Company, and Kapronasia

Finally, the section on globally trending payment methods concludes with insightful contributions coming from CMSPI and myPOS around the topic of debit and credit cards, whereas MRC analyses the pros and cons of accepting crypto payments in 2023 and beyond.

Global overviews/infographics 

This edition of the report features extensive research in the form of a global overview of the BNPL and A2A payment methods, completed with insightful infographics that show how widely adopted these types of payments have become worldwide: 

- Buy Now, Pay Later – Considering the size of the market and the multiple BNPL providers worldwide, we have set out to present an accurate global picture of the players in this space, mapped by target groups – B2B and B2C – and by country in the following regions: the Americas, Asia–Pacific (APAC), Europe, Middle East and Africa (MEA);

- Account-to-account payments – In this section of the report, we feature an updated overview with representatives of this type of payment and the regions where they are available, conveniently divided between local A2A schemes and methods leveraging Open Banking.


Latest updates in payment habits and other highlights

Other highlights of the Payment Methods Report 2023 include the latest updates in payment habits, with valuable insights from Accenture, Unlimit, Nuvei, Finance Incorporated Limited, Riverty, and Payments Canada. The trends in payments technology innovation are discussed by Payments Consulting Network and PSE Consulting, while the developments related to checkout optimisation are analysed in detail by our valuable contributors from FlexCharge, Redbridge Debt and Treasury Advisory, and Payment Options.

Merchants’ perspective

More to this point, we have interviewed merchants from various verticals – retail, gaming, travel, gig economy – on the best practices when implementing new payment methods and optimising the checkout experience, the main challenges and benefits of doing so, and how Gen Z and millennials will help shape the future of online payments. Seasoned leaders and industry experts from Fiverr, Gameforge,, OnBuy, and Vestiaire Collective share insights in a bid to further support peer-to-peer knowledge and provide our readers with an in-depth view of the merchants' payment strategies.

Finally, the company profiles section displays key players in the global online payment market, including APMs and PSPs, with their capabilities.

Download your free copy now to get exclusive insights into how people prefer to pay and make informed business decisions in your future endeavours in the evolving payments ecosystem!

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Keywords: report, payment methods, payments , B2B payments, BNPL, account-to-account payment, merchants, PSP, checkout optimisation
Categories: Payments & Commerce
Countries: World
This article is part of category

Payments & Commerce