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Embedded Payments — Acceptance

Publisher IDC
Published Jun 26, 2023
Length 5 Pages
SKU # IDC18029809

Description

Embedded Payments — Acceptance


This IDC Perspective discusses the other side of the card payment ecosystem: acceptance. The concept of embedded financial services continues to find traction across multiple industries. IDC believes that embedded financial services are an evolutionary step in the process of what will ultimately be an open environment in which the roles of multiple heterogeneous industries will come together to provide value to customers, both consumers and businesses. Embedded payment acceptance will be a key part of that evolution."Accepting payments has long been a complex process for all players in the value chain," says Aaron Press, research director, Worldwide Payment Strategies, IDC. "The move toward embedded payment acceptance strategies, enabled by new technologies and ecosystems, is creating new threats and opportunities for merchants, platforms, processors, and banks."

Please Note: Extended description available upon request.

Table of Contents

5 Pages
Executive Snapshot
Situation Overview
Building Ecosystems with Embedded Business Processes
The Evolution of Embedded Payment Acceptance
Master Merchants, Merchants of Record, and Payment Aggregators
The Rise of PayFacs
The Age of Embedded
Payment Acceptance as an Ecosystem
Advice for the Technology Buyer
Learn More
Related Research
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