Date: 27. November 2024
The future of payments is here, and it’s faster, smarter, and more secure than ever. Last week, Dinape joined the Swiss Payment Forum in Zurich, where we experienced first-hand how AI, click-to-pay, advanced payment solutions, and payment orchestration are reshaping the industry. From real-time payments to fraud prevention and AI-driven solutions, the conversations and insights were nothing short of transformative.
Highlights that stood out
- Click-to-Pay is redefining checkout speed and security.
On average, manual PAN entry takes 3.3 minutes—a frustrating experience for businesses and customers alike. With Click-to-Pay, not only can you eliminate this time-consuming step, but you also address the 62% of consumers who abandon purchases after just 2 minutes. Thanks to tokenization, fraud is reduced by 60%, approval rates improve by +5%, and digital transaction risks—typically 10X higher—are significantly mitigated.
- Real-time payments are reshaping B2B payment ecosystems.
With the rise of microcredits, digital wallets, and IoT-driven payment systems like vehicle-initiated payments, scalability is becoming a crucial factor for payment companies.
- Generative AI continues to revolutionize the payment space:
Creating opportunities for operational efficiency and innovative payment software solutions tailored for the next generation of commerce. Its success, however, hinges on culture, employee training, and thoughtful implementation—there’s no one-size-fits-all blueprint.
- Payee verification is building trust like never before.
By ensuring a match between the account holder’s name and IBAN, this innovation helps businesses prevent misdirected payments, reduce fraud, and enhance customer confidence in their payment processes.
Networking Insights
The forum also offered great networking opportunities. We had insightful conversations with Jens Kohnen from Starfish, who shared perspectives on the growing need for flexible payment orchestration platforms, and Michael Hülsiggensen from SurePay, who recently posted an excellent article on the importance of mandatory payee verification—a must-read for anyone in corporate fintech!
DINAPE’s Conclusion: Your partner to drive success
At Dinape, we’re energized by these discussions and remain committed to delivering innovative solutions, from bespoke software development services to scalable B2B payment gateways and advanced enterprise payment solutions. The path forward is clear: innovation, trust, and adaptability will drive success in this ever-evolving industry.
Let’s keep the conversation going—how is your business adapting to these trends?
About DINAPE
At DINAPE we support Corporates, Payment Service Providers and Online Marketplaces with Software development, professional services and Consulting solutions. We believe in European solutions to overcome global dependencies and in advanced technologies.
