74% of digital consumer payments may be conducted by non-FI platforms by 2030

LONDON — Consumers continue to regularly use embedded payment options—from Amazon shopping to digital wallets and even the Starbucks app. “It is predicted that 74% of digital consumer payments globally will be conducted by non-financial institutions by 2030,” said Martin Hyde, EMEA Partnership Lead at JPMorgan Chase Payments, at the FinovateEurope event on Wednesday. […]