With changes brought by consumer expectations, regulatory developments, and technology, payment modernization will become increasingly important.
With changes brought by consumer expectations, regulatory developments, and technology, payment modernization will become increasingly important for market players in the retail and financial services sectors. Financial institutions worldwide plan to spend an average of 18 million dollars, and merchants 4.1 million dollars on implementing new payment systems in the upcoming period, according to a KPMG study.
Author: Katarina Drobnjaković
Director
KPMG d.o.o. Belgrade
