Three payments trends to watch in 2022
2022 is set to be another year of change in the world of payments, with three key trends: embedded finance, the Metaverse and crypto, likely to shape how we all view payments. Godfrey Sullivan, Senior Vice President, Head of Strategy CEMEA at Visa, takes a look at these three big themes and Visa’s role in supporting them.
Embedded finance will become more ubiquitous, with banking infrastructure becoming increasingly accessible, more companies will seek to explore fintech related revenues. The Metaverse, a blending together of different digital worlds, is likely to become another important theme next year, offering opportunities to merchants and heralding further innovation in payments as we witness whole virtual economies develop particularly across the gaming space. Finally, the increased integration of crypto into mainstream financial services, alongside the emergence of relevant regulatory frameworks, is finally within reach.
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