evolving trends in payment technologies reshaping eCommerce
The rapid evolution of payment technologies is reshaping the e-commerce landscape, boosting convenience, security and efficiency in online transactions. This article explores the latest trends in e-commerce payment solutions, including the rise of digital wallets, the popularity of Buy Now, Pay Later (BNPL) services and the integration of cryptocurrencies and blockchain technology. It also examines the impact of technology on fraud detection and payment optimisation. The integration of payment gateways with Business Process Management (BPM), the advent of real-time payments (RTP) and emerging technologies such as quantum computing, decentralised finance (DeFi) and advanced cybersecurity measures are expected to further revolutionise e-commerce payments.
