What’s ahead for payments in 2025?
The global payments industry is always advancing with exciting innovation.
In 2025, we’re enabling our ecosystem to stay ahead of these six trends:
The impact of AI will transform the payments ecosystem. AI will play a crucial role in personalizing payment experiences and enhancing fraud detection capabilities, creating a profound impact on buyers and sellers. We can expect deep learning algorithms to become more sophisticated in analyzing transaction patterns and identifying potential risks in real time. The potential for the next generation of AI to transform the payments ecosystem — making it safer, smarter and more seamless — is vast and a critical factor for the success of payment companies and other industries.
Digital identity technology simplifies authentication. Now and increasingly in the future, authentication will more and more rely on highly secure credentials — your face, your fingerprints or other biometrics. This shift will enhance security and convenience, reducing reliance on traditional PINs and passwords. Centering biometric markers in payments authentication helps make the whole chain more convenient and more secure. The future of commerce has individuals at the center and digital identity technology will help streamline these processes.
Real-time payments to receive global traction. In 2025, Real-time payments (RTP) momentum will be driven by developments in the world’s largest economies. The challenge for regulators, policymakers and the wider payments ecosystem is to balance innovation with safeguards. This will be done by protecting against fraud – the instant and irreversible nature of RTP payments make this a key concern – and to ensure domestic RTP networks are open and interoperable, to facilitate trade and global growth.
A2A payments will streamline payment options. Over the years, electronic payments, like ACH transfers, have largely been excluded from the digital revolution. Now, products like pay by banks are digitizing and streamlining A2A payments, giving consumers more ways to pay. And while RTP have grown widespread among consumers, they’ve also become fairly popular with fraudsters. In 2025, expect emerging tools to continue launching to help mitigate fraud on RTP networks.
Increase in embedded finance transactions. More payment solutions are becoming integrated, particularly into the merchant ecosystem. We’re also seeing an uptick in embedded finance lending products and white-label embedded finance payment solutions. It’s a four-way win: providers gain from low-cost distribution; enablers tap into demand for simplicity and convenience; distributors improve platform engagement — and most importantly, end-users get contextualized financial services in one place.
Expect cross-border payments to travel fast. The expansion of real-time payment networks could revolutionize cross-border payments, but we need interoperable global networks, with mechanisms to process payments in multiple currencies, not siloed, domestic networks that can’t talk to each other. More efficient and cost-effective cross-border payment solutions will enable businesses and consumers to transact across borders without the traditional delays and fees while simplifying currency conversions and compliance with local regulations.
Learn more about what’s next in payments:
• Interoperability: Unlocking the future of cross-platform payments
• Empowering creators: The new wave of small business
"Dual Currency Visa Credit Card Specialist | NRB Bank PLC | Signature & Pearl Card | FDR, Loan & EMI Support | Helping Professionals with Smart Banking Solutions"
1moI’m currently working at *NRB Bank PLC* in the *Credit Card Division*, where I assist professionals like you in getting *Visa* and *Dual Currency Credit Cards* with exclusive benefits including *0% EMI*, *Airport Lounge Access*, and *Loan facilities* (Home, Car, Personal). Let’s connect and see how I can help you or someone in your network with the right financial solution. — *GM Sumon* *Credit Card Specialist* *NRB Bank PLC* Uday Sanz,Gulshan 01,Head office ,Dhaka 📞 01775425154 ---
Project Manager (Cards and Payments)
7moVisa Direct has provided a secure single point of access to billions of endpoints. That’s an incredible achievement. But there’s still a lot of work to do.
Payments Head @ Scotiabank | Digital Payments Catalyst
8moIt is imperative to overcome internal culture barriers and education across support areas to reach this important milestone which is being ahead of the market.
Business Development Manager with Brinks Inc.
8moGreat article, thank you!!